Axxcess Wealth Management LLC Takes $1.85 Million Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

Axxcess Wealth Management LLC bought a new stake in Vanguard Russell 1000 Value (NASDAQ:VONV) during the fourth quarter, Holdings Channel reports. The institutional investor bought 22,812 shares of the company’s stock, valued at approximately $1,853,000.

A number of other large investors also recently modified their holdings of VONV. AMG National Trust Bank bought a new position in shares of Vanguard Russell 1000 Value in the third quarter valued at approximately $205,000. MAI Capital Management lifted its holdings in shares of Vanguard Russell 1000 Value by 1.5% in the third quarter. MAI Capital Management now owns 25,465 shares of the company’s stock valued at $2,122,000 after purchasing an additional 371 shares in the last quarter. Thompson Davis & CO. Inc. purchased a new stake in shares of Vanguard Russell 1000 Value during the third quarter valued at approximately $211,000. Commerce Bank increased its position in shares of Vanguard Russell 1000 Value by 21.7% during the third quarter. Commerce Bank now owns 193,985 shares of the company’s stock valued at $16,165,000 after acquiring an additional 34,606 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its position in shares of Vanguard Russell 1000 Value by 27.1% during the third quarter. First Horizon Advisors Inc. now owns 54,534 shares of the company’s stock valued at $4,544,000 after acquiring an additional 11,624 shares during the last quarter.

Vanguard Russell 1000 Value Trading Up 0.7 %

Shares of VONV opened at $83.12 on Thursday. The company has a market capitalization of $10.15 billion, a price-to-earnings ratio of 18.79 and a beta of 0.95. The stock has a 50 day moving average of $83.97 and a 200 day moving average of $83.71. Vanguard Russell 1000 Value has a 12 month low of $74.11 and a 12 month high of $87.97.

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.