Zacks Investment Management Invests $8.71 Million in Vanguard Russell 1000 Value (NASDAQ:VONV)

Zacks Investment Management acquired a new stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 107,181 shares of the company’s stock, valued at approximately $8,708,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. M3 Advisory Group LLC lifted its holdings in shares of Vanguard Russell 1000 Value by 0.6% during the fourth quarter. M3 Advisory Group LLC now owns 19,445 shares of the company’s stock worth $1,580,000 after purchasing an additional 125 shares during the period. Lokken Investment Group LLC raised its position in Vanguard Russell 1000 Value by 2.6% during the 4th quarter. Lokken Investment Group LLC now owns 5,404 shares of the company’s stock worth $439,000 after buying an additional 136 shares during the last quarter. Benchmark Wealth Management LLC lifted its stake in Vanguard Russell 1000 Value by 2.1% during the 4th quarter. Benchmark Wealth Management LLC now owns 9,157 shares of the company’s stock valued at $744,000 after acquiring an additional 186 shares during the period. Bogart Wealth LLC boosted its holdings in shares of Vanguard Russell 1000 Value by 37.6% in the 4th quarter. Bogart Wealth LLC now owns 772 shares of the company’s stock valued at $63,000 after acquiring an additional 211 shares during the last quarter. Finally, HM Payson & Co. raised its holdings in shares of Vanguard Russell 1000 Value by 45.4% during the fourth quarter. HM Payson & Co. now owns 798 shares of the company’s stock worth $65,000 after purchasing an additional 249 shares during the last quarter.

Vanguard Russell 1000 Value Price Performance

NASDAQ VONV opened at $77.09 on Thursday. The company has a fifty day moving average of $81.90 and a 200 day moving average of $83.29. The company has a market capitalization of $10.70 billion, a PE ratio of 19.33 and a beta of 0.95. Vanguard Russell 1000 Value has a 1 year low of $71.68 and a 1 year high of $87.97.

Vanguard Russell 1000 Value Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.3843 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 1.99%.

Vanguard Russell 1000 Value 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.