Verdence Capital Advisors LLC Grows Position in Vanguard Russell 1000 Value ETF $VONV

Verdence Capital Advisors LLC increased its holdings in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 22.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 218,867 shares of the company’s stock after acquiring an additional 39,400 shares during the quarter. Vanguard Russell 1000 Value ETF makes up about 1.3% of Verdence Capital Advisors LLC’s investment portfolio, making the stock its 11th largest position. Verdence Capital Advisors LLC owned approximately 0.15% of Vanguard Russell 1000 Value ETF worth $18,650,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in VONV. Farther Finance Advisors LLC lifted its stake in Vanguard Russell 1000 Value ETF by 97.7% in the first quarter. Farther Finance Advisors LLC now owns 7,301 shares of the company’s stock worth $603,000 after acquiring an additional 3,608 shares during the period. Fifth Third Bancorp lifted its stake in Vanguard Russell 1000 Value ETF by 11.1% in the first quarter. Fifth Third Bancorp now owns 2,335 shares of the company’s stock worth $193,000 after acquiring an additional 234 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Vanguard Russell 1000 Value ETF by 11.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 245,723 shares of the company’s stock valued at $20,282,000 after buying an additional 25,502 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of Vanguard Russell 1000 Value ETF during the first quarter valued at about $108,000. Finally, Newport Capital Group LLC purchased a new stake in shares of Vanguard Russell 1000 Value ETF during the first quarter valued at about $214,000.

Vanguard Russell 1000 Value ETF Stock Performance

VONV stock opened at $87.55 on Monday. The firm has a market cap of $13.76 billion, a price-to-earnings ratio of 19.46 and a beta of 0.95. The firm has a 50-day simple moving average of $88.21 and a two-hundred day simple moving average of $84.48. Vanguard Russell 1000 Value ETF has a one year low of $71.68 and a one year high of $90.42.

Vanguard Russell 1000 Value ETF Announces Dividend

The company also recently declared a — dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were given a dividend of $0.8094 per share. This represents a dividend yield of 190.0%. The ex-dividend date of this dividend was Wednesday, September 24th.

Vanguard Russell 1000 Value ETF Company Profile

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.