Fifth Third Bancorp Increases Stake in Vanguard Russell 1000 Value ETF $VONV

Fifth Third Bancorp raised its position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 14,764.2% in the 1st quarter, Holdings Channel reports. The fund owned 357,336 shares of the company’s stock after acquiring an additional 354,932 shares during the period. Fifth Third Bancorp’s holdings in Vanguard Russell 1000 Value ETF were worth $33,497,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP increased its stake in shares of Vanguard Russell 1000 Value ETF by 1,284.2% during the third 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 period. 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 period. Valpey Financial Services LLC lifted its position in Vanguard Russell 1000 Value ETF by 9,192.2% in the fourth quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock valued at $319,226,000 after purchasing an additional 3,421,345 shares during the period. Goldman Sachs Group Inc. lifted its position in 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 valued at $247,752,000 after purchasing an additional 1,865,509 shares during the period. Finally, OpenArc Corporate Advisory LLC purchased a new stake in Vanguard Russell 1000 Value ETF in the 4th quarter valued at approximately $135,878,000.

Vanguard Russell 1000 Value ETF Stock Performance

Shares of VONV opened at $108.27 on Monday. The stock’s 50 day moving average is $104.92 and its two-hundred day moving average is $99.32. Vanguard Russell 1000 Value ETF has a twelve month low of $84.13 and a twelve month high of $109.34. The firm has a market capitalization of $20.29 billion, a PE ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

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.