Royal Bank of Canada Buys 76,564 Shares of Vanguard Russell 1000 Value ETF $VONV

Royal Bank of Canada boosted its stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 12.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 708,137 shares of the company’s stock after buying an additional 76,564 shares during the quarter. Royal Bank of Canada’s holdings in Vanguard Russell 1000 Value ETF were worth $66,379,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Wellington Management Group LLP boosted its holdings in Vanguard Russell 1000 Value ETF by 1,284.2% during the 3rd quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock worth $471,443,000 after acquiring an additional 4,894,074 shares during the last quarter. Bank of America Corp DE increased 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 worth $2,356,252,000 after buying an additional 3,543,885 shares during the last quarter. Valpey Financial Services LLC increased its holdings in Vanguard Russell 1000 Value ETF by 9,192.2% in the 4th quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock worth $319,226,000 after acquiring an additional 3,421,345 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Vanguard Russell 1000 Value ETF by 227.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,684,203 shares of the company’s stock worth $247,752,000 after purchasing an additional 1,865,509 shares in the last quarter. Finally, OpenArc Corporate Advisory LLC bought a new stake in Vanguard Russell 1000 Value ETF during the 4th quarter valued at $135,878,000.

Vanguard Russell 1000 Value ETF Stock Performance

NASDAQ:VONV opened at $110.42 on Friday. The business’s fifty day moving average is $106.88 and its 200 day moving average is $100.90. Vanguard Russell 1000 Value ETF has a 52-week low of $84.13 and a 52-week high of $110.82. The firm has a market cap of $20.69 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a dividend of $0.4102 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, June 18th.

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.