Vanguard Russell 1000 Value (NASDAQ:VONV) is Arrowroot Family Office LLC’s 2nd Largest Position

Arrowroot Family Office LLC lifted its stake in Vanguard Russell 1000 Value (NASDAQ:VONV) by 8.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 117,774 shares of the company’s stock after buying an additional 9,262 shares during the quarter. Vanguard Russell 1000 Value accounts for approximately 5.0% of Arrowroot Family Office LLC’s holdings, making the stock its 2nd largest position. Arrowroot Family Office LLC’s holdings in Vanguard Russell 1000 Value were worth $9,569,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. World Investment Advisors LLC boosted its holdings in shares of Vanguard Russell 1000 Value by 1.8% during the 3rd quarter. World Investment Advisors LLC now owns 24,488 shares of the company’s stock valued at $2,041,000 after purchasing an additional 437 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its position in shares of 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 buying an additional 6,099 shares in the last quarter. Synovus Financial Corp bought a new position in Vanguard Russell 1000 Value during the third quarter valued at approximately $269,000. JPMorgan Chase & Co. increased its stake in Vanguard Russell 1000 Value by 13.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 432,022 shares of the company’s stock worth $36,000,000 after acquiring an additional 50,950 shares during the last quarter. Finally, Benchmark Wealth Management LLC increased its stake in Vanguard Russell 1000 Value by 2.1% in the 4th quarter. Benchmark Wealth Management LLC now owns 9,157 shares of the company’s stock worth $744,000 after acquiring an additional 186 shares during the last quarter.

Vanguard Russell 1000 Value Stock Performance

NASDAQ VONV opened at $81.14 on Friday. The stock has a 50 day moving average price of $80.34 and a 200-day moving average price of $82.92. Vanguard Russell 1000 Value has a one year low of $71.68 and a one year high of $87.97. The company has a market capitalization of $11.26 billion, a P/E ratio of 18.43 and a beta of 0.95.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a $0.3843 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 1.89%.

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.