Golden Road Advisors LLC Makes New $3.65 Million Investment in Vanguard Russell 1000 Value (NASDAQ:VONV)

Golden Road Advisors LLC bought a new position in Vanguard Russell 1000 Value (NASDAQ:VONV) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 50,277 shares of the company’s stock, valued at approximately $3,647,000. Vanguard Russell 1000 Value comprises approximately 3.5% of Golden Road Advisors LLC’s portfolio, making the stock its 6th biggest holding.

Other institutional investors have also recently modified their holdings of the company. Elevate Wealth Advisory Inc. bought a new position in shares of Vanguard Russell 1000 Value during the 4th quarter valued at about $27,000. ORG Partners LLC increased its position in shares of Vanguard Russell 1000 Value by 922.2% during 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 during the last quarter. Principal Securities Inc. bought a new position in shares of Vanguard Russell 1000 Value during the 4th quarter valued at about $54,000. O Shaughnessy Asset Management LLC bought a new position in shares of Vanguard Russell 1000 Value during the 3rd quarter valued at about $76,000. Finally, Macroview Investment Management LLC bought a new position in shares of Vanguard Russell 1000 Value during the 3rd quarter valued at about $76,000.

Vanguard Russell 1000 Value Stock Down 1.4 %

Shares of Vanguard Russell 1000 Value stock traded down $1.05 during trading on Tuesday, hitting $75.29. 434,428 shares of the stock traded hands, compared to its average volume of 391,746. The stock has a market cap of $8.07 billion, a price-to-earnings ratio of 17.49 and a beta of 0.77. The firm’s fifty day moving average is $76.29 and its 200-day moving average is $72.17. Vanguard Russell 1000 Value has a 52 week low of $62.92 and a 52 week high of $78.81.

Vanguard Russell 1000 Value Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were issued a dividend of $0.335 per share. This represents a $1.34 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend was Thursday, March 21st.

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.