Verus Wealth Management LLC Acquires New Holdings in Vanguard Russell 1000 Value (NASDAQ:VONV)

Verus Wealth Management LLC bought a new position in Vanguard Russell 1000 Value (NASDAQ:VONV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 47,855 shares of the company’s stock, valued at approximately $3,888,000. Vanguard Russell 1000 Value comprises approximately 4.4% of Verus Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position.

Other large investors have also added to or reduced their stakes in the company. First Horizon Advisors Inc. boosted its stake in shares of Vanguard Russell 1000 Value by 27.1% in the 3rd quarter. First Horizon Advisors Inc. now owns 54,534 shares of the company’s stock worth $4,544,000 after buying an additional 11,624 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Vanguard Russell 1000 Value by 13.4% in the third quarter. JPMorgan Chase & Co. now owns 432,022 shares of the company’s stock valued at $36,000,000 after acquiring an additional 50,950 shares during the period. Wilmington Savings Fund Society FSB boosted its position in Vanguard Russell 1000 Value by 183.9% in the third quarter. Wilmington Savings Fund Society FSB now owns 9,415 shares of the company’s stock worth $785,000 after purchasing an additional 6,099 shares during the last quarter. Citigroup Inc. grew its stake in shares of Vanguard Russell 1000 Value by 2.3% during the 3rd quarter. Citigroup Inc. now owns 1,140,495 shares of the company’s stock valued at $95,037,000 after purchasing an additional 25,252 shares during the period. Finally, M&T Bank Corp increased its position in shares of Vanguard Russell 1000 Value by 4.6% during the 3rd quarter. M&T Bank Corp now owns 188,200 shares of the company’s stock valued at $15,682,000 after purchasing an additional 8,218 shares during the last quarter.

Vanguard Russell 1000 Value Trading Down 0.6 %

VONV opened at $84.86 on Wednesday. The company’s 50 day moving average is $83.92 and its 200 day moving average is $82.59. The company has a market cap of $10.37 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 12-month low of $72.12 and a 12-month high of $87.97.

Vanguard Russell 1000 Value Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.437 per share. The ex-dividend date was Monday, December 23rd.

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.