Verdence Capital Advisors LLC Buys 1,422 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Verdence Capital Advisors LLC lifted its position in Vanguard Russell 1000 Value (NASDAQ:VONV) by 1.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 151,002 shares of the company’s stock after acquiring an additional 1,422 shares during the quarter. Vanguard Russell 1000 Value accounts for approximately 1.0% of Verdence Capital Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Verdence Capital Advisors LLC’s holdings in Vanguard Russell 1000 Value were worth $12,583,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. M3 Advisory Group LLC lifted its stake in shares of Vanguard Russell 1000 Value by 0.7% in the 3rd quarter. M3 Advisory Group LLC now owns 19,320 shares of the company’s stock valued at $1,610,000 after purchasing an additional 130 shares during the last quarter. Simplicity Wealth LLC raised its holdings in Vanguard Russell 1000 Value by 2.6% during the second quarter. Simplicity Wealth LLC now owns 5,331 shares of the company’s stock worth $408,000 after purchasing an additional 135 shares in the last quarter. Golden Road Advisors LLC boosted its holdings in shares of Vanguard Russell 1000 Value by 0.3% in the 3rd quarter. Golden Road Advisors LLC now owns 52,316 shares of the company’s stock valued at $4,359,000 after buying an additional 145 shares in the last quarter. Quotient Wealth Partners LLC grew its position in shares of Vanguard Russell 1000 Value by 3.8% during the third quarter. Quotient Wealth Partners LLC now owns 4,422 shares of the company’s stock worth $368,000 after acquiring an additional 162 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC raised its holdings in shares of Vanguard Russell 1000 Value by 2.0% in the third quarter. Cyndeo Wealth Partners LLC now owns 9,054 shares of the company’s stock valued at $754,000 after buying an additional 179 shares during the last quarter.

Vanguard Russell 1000 Value Stock Up 0.5 %

NASDAQ:VONV opened at $85.75 on Friday. The stock has a fifty day simple moving average of $82.98 and a 200-day simple moving average of $79.68. The company has a market capitalization of $9.74 billion, a PE ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 52-week low of $65.25 and a 52-week high of $85.96.

Vanguard Russell 1000 Value Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.437 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39.

Vanguard Russell 1000 Value 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.