Sage Mountain Advisors LLC Grows Stock Holdings in Vanguard Russell 1000 Value ETF $VONV

Sage Mountain Advisors LLC increased its position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 50.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 38,463 shares of the company’s stock after buying an additional 12,946 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $3,437,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Bank of America Corp DE lifted its position in Vanguard Russell 1000 Value ETF by 14.7% in the second quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock valued at $2,356,252,000 after purchasing an additional 3,543,885 shares during the last quarter. Symphony Financial Ltd. Co. boosted its position in Vanguard Russell 1000 Value ETF by 9,783.3% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 635,005 shares of the company’s stock valued at $54,163,000 after acquiring an additional 628,580 shares in the last quarter. Brio Consultants LLC purchased a new position in shares of Vanguard Russell 1000 Value ETF during the 2nd quarter worth approximately $28,367,000. Global Retirement Partners LLC bought a new position in shares of Vanguard Russell 1000 Value ETF in the 2nd quarter worth approximately $25,654,000. Finally, Raymond James Financial Inc. lifted its stake in shares of Vanguard Russell 1000 Value ETF by 26.2% in the 2nd quarter. Raymond James Financial Inc. now owns 1,400,005 shares of the company’s stock valued at $119,294,000 after purchasing an additional 290,743 shares during the period.

Vanguard Russell 1000 Value ETF Stock Down 0.1%

Shares of VONV stock opened at $96.10 on Tuesday. The business’s fifty day moving average is $92.49 and its 200 day moving average is $89.64. The stock has a market cap of $15.12 billion, a price-to-earnings ratio of 19.46 and a beta of 0.89. Vanguard Russell 1000 Value ETF has a twelve month low of $71.68 and a twelve month high of $96.49.

Vanguard Russell 1000 Value ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Monday, December 22nd were paid a $0.4916 dividend. This represents a $1.97 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Monday, December 22nd.

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.