Verdence Capital Advisors LLC Buys 1,422 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Verdence Capital Advisors LLC boosted its position in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 1.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 151,002 shares of the company’s stock after acquiring an additional 1,422 shares during the period. Vanguard Russell 1000 Value accounts for about 1.0% of Verdence Capital Advisors LLC’s investment portfolio, making the stock its 12th largest position. Verdence Capital Advisors LLC owned about 0.13% of Vanguard Russell 1000 Value worth $12,583,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VONV. Park Avenue Securities LLC purchased a new stake in Vanguard Russell 1000 Value during the 2nd quarter valued at approximately $588,000. Raymond James & Associates increased its holdings in Vanguard Russell 1000 Value by 12.6% in the 2nd quarter. Raymond James & Associates now owns 753,561 shares of the company’s stock valued at $57,700,000 after acquiring an additional 84,477 shares during the last quarter. Cetera Investment Advisers increased its holdings in Vanguard Russell 1000 Value by 185.1% in the 1st quarter. Cetera Investment Advisers now owns 288,015 shares of the company’s stock valued at $22,649,000 after acquiring an additional 186,989 shares during the last quarter. Corundum Group Inc. lifted its stake in Vanguard Russell 1000 Value by 55.4% in the 2nd quarter. Corundum Group Inc. now owns 64,172 shares of the company’s stock worth $4,914,000 after purchasing an additional 22,868 shares in the last quarter. Finally, Cetera Advisors LLC boosted its holdings in shares of Vanguard Russell 1000 Value by 246.5% during the 1st quarter. Cetera Advisors LLC now owns 17,758 shares of the company’s stock valued at $1,396,000 after purchasing an additional 12,633 shares during the last quarter.

Vanguard Russell 1000 Value Price Performance

NASDAQ VONV opened at $85.75 on Friday. The business has a 50 day simple moving average of $82.98 and a two-hundred day simple moving average of $79.68. Vanguard Russell 1000 Value has a 1-year low of $65.25 and a 1-year high of $85.96. The stock has a market capitalization of $9.74 billion, a PE ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.437 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. This represents a $1.75 dividend on an annualized basis and a dividend yield of 2.04%.

About Vanguard Russell 1000 Value

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.