SVB Wealth LLC Invests $1.13 Million in Vanguard Russell 1000 Value (NASDAQ:VONV)

SVB Wealth LLC bought a new stake in Vanguard Russell 1000 Value (NASDAQ:VONV) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 15,523 shares of the company’s stock, valued at approximately $1,126,000.

Other institutional investors have also recently added to or reduced their stakes in the company. ORG Partners LLC lifted its stake in shares of Vanguard Russell 1000 Value by 922.2% in the 4th quarter. ORG Partners LLC now owns 460 shares of the company’s stock valued at $34,000 after purchasing an additional 415 shares in the last quarter. Qube Research & Technologies Ltd grew its stake in Vanguard Russell 1000 Value by 1,148.9% during the third quarter. Qube Research & Technologies Ltd now owns 587 shares of the company’s stock worth $39,000 after buying an additional 540 shares during the period. New Republic Capital LLC acquired a new stake in shares of Vanguard Russell 1000 Value in the second quarter worth $50,000. O Shaughnessy Asset Management LLC purchased a new position in shares of Vanguard Russell 1000 Value in the 3rd quarter valued at $76,000. Finally, Macroview Investment Management LLC acquired a new position in shares of Vanguard Russell 1000 Value during the 3rd quarter valued at $76,000.

Vanguard Russell 1000 Value Trading Up 0.1 %

Shares of NASDAQ VONV opened at $74.42 on Friday. The stock has a fifty day moving average price of $75.97 and a 200 day moving average price of $71.59. Vanguard Russell 1000 Value has a 12-month low of $62.92 and a 12-month high of $78.81. The company has a market cap of $7.97 billion, a P/E ratio of 17.29 and a beta of 0.95.

Vanguard Russell 1000 Value Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were paid a $0.335 dividend. The ex-dividend date was Thursday, March 21st. This represents a $1.34 dividend on an annualized basis and a dividend yield of 1.80%.

About Vanguard Russell 1000 Value

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.