Thrivent Financial for Lutherans Raises Stake in Vanguard Russell 1000 Value ETF $VONV

Thrivent Financial for Lutherans boosted its holdings in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 459.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 170,907 shares of the company’s stock after purchasing an additional 140,342 shares during the quarter. Thrivent Financial for Lutherans owned about 0.11% of Vanguard Russell 1000 Value ETF worth $15,794,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. YANKCOM Partnership bought a new stake in Vanguard Russell 1000 Value ETF during the 4th quarter valued at about $25,000. WPG Advisers LLC purchased a new position in Vanguard Russell 1000 Value ETF in the third quarter worth about $26,000. Fairway Wealth LLC bought a new position in shares of Vanguard Russell 1000 Value ETF in the third quarter worth approximately $32,000. Victory Capital Management Inc. lifted its stake in shares of Vanguard Russell 1000 Value ETF by 139.6% in the third quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock worth $40,000 after buying an additional 261 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. grew its holdings in shares of Vanguard Russell 1000 Value ETF by 355.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock valued at $41,000 after buying an additional 355 shares during the last quarter.

Vanguard Russell 1000 Value ETF Trading Up 0.2%

Shares of VONV opened at $102.09 on Tuesday. The company has a market cap of $18.21 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. The business’s fifty day simple moving average is $97.58 and its two-hundred day simple moving average is $95.28. Vanguard Russell 1000 Value ETF has a 12 month low of $81.12 and a 12 month high of $103.55.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a $0.4117 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $1.65 dividend on an annualized basis and a yield of 1.6%.

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.