Vanguard Russell 1000 Value ETF $VONV Shares Bought by Wedbush Securities Inc.

Wedbush Securities Inc. increased its stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 1,524.8% during the 2nd quarter, Holdings Channel reports. The fund owned 63,871 shares of the company’s stock after purchasing an additional 59,940 shares during the quarter. Wedbush Securities Inc.’s holdings in Vanguard Russell 1000 Value ETF were worth $8,042,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Quadrant Capital Group LLC acquired a new position in Vanguard Russell 1000 Value ETF in the fourth quarter valued at approximately $33,000. Victory Capital Management Inc. grew its stake in shares of Vanguard Russell 1000 Value ETF by 139.6% during the 3rd quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock worth $40,000 after purchasing an additional 261 shares during the period. Newbridge Financial Services Group Inc. grew its stake in shares of Vanguard Russell 1000 Value ETF by 355.0% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock worth $41,000 after purchasing an additional 355 shares during the period. Integrity Financial Corp WA increased its holdings in shares of Vanguard Russell 1000 Value ETF by 1,828.6% during the 4th quarter. Integrity Financial Corp WA now owns 540 shares of the company’s stock valued at $50,000 after purchasing an additional 512 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in shares of Vanguard Russell 1000 Value ETF by 920.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 561 shares of the company’s stock valued at $48,000 after purchasing an additional 506 shares in the last quarter.

Vanguard Russell 1000 Value ETF Price Performance

VONV opened at $113.28 on Friday. The firm has a fifty day moving average price of $110.04 and a 200 day moving average price of $103.21. Vanguard Russell 1000 Value ETF has a 1 year low of $87.38 and a 1 year high of $114.08. The stock has a market cap of $21.23 billion, a P/E ratio of 19.46 and a beta of 0.83.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a $0.4102 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.64 dividend on an annualized basis and a yield of 1.4%.

About Vanguard Russell 1000 Value ETF

The Vanguard Russell 1000 Value ETF (VONV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund tracks an index of value stocks selected from the 1,000 largest US companies. VONV was launched on Sep 20, 2010 and is managed by Vanguard.