Citigroup Inc. Boosts Holdings in Vanguard Russell 1000 Value (NASDAQ:VONV)

Citigroup Inc. increased its position in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 2.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,140,495 shares of the company’s stock after purchasing an additional 25,252 shares during the quarter. Citigroup Inc.’s holdings in Vanguard Russell 1000 Value were worth $95,037,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in VONV. Future Financial Wealth Managment LLC acquired a new stake in Vanguard Russell 1000 Value during the third quarter worth $25,000. Beacon Capital Management LLC purchased a new position in shares of Vanguard Russell 1000 Value during the 1st quarter worth $43,000. International Assets Investment Management LLC acquired a new stake in shares of Vanguard Russell 1000 Value during the 2nd quarter worth about $74,000. Signaturefd LLC raised its holdings in Vanguard Russell 1000 Value by 2,014.0% in the 3rd quarter. Signaturefd LLC now owns 1,057 shares of the company’s stock valued at $88,000 after buying an additional 1,007 shares during the period. Finally, Princeton Global Asset Management LLC purchased a new stake in Vanguard Russell 1000 Value in the 3rd quarter valued at about $123,000.

Vanguard Russell 1000 Value Price Performance

Shares of VONV stock opened at $86.79 on Friday. Vanguard Russell 1000 Value has a 1-year low of $68.20 and a 1-year high of $86.84. The firm has a market cap of $9.85 billion, a PE ratio of 17.49 and a beta of 0.95. The company has a 50-day moving average of $83.75 and a two-hundred day moving average of $80.28.

Vanguard Russell 1000 Value Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.437 dividend. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. This represents a $1.75 annualized dividend and a dividend yield of 2.01%. The ex-dividend date was Thursday, September 26th.

Vanguard Russell 1000 Value 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.