Deane Retirement Strategies Inc. Boosts Stock Holdings in Vanguard Russell 1000 Value ETF (NASDAQ:VONV)

Deane Retirement Strategies Inc. boosted its stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 5.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,102 shares of the company’s stock after acquiring an additional 6,038 shares during the quarter. Vanguard Russell 1000 Value ETF accounts for 4.9% of Deane Retirement Strategies Inc.’s portfolio, making the stock its 7th largest position. Deane Retirement Strategies Inc.’s holdings in Vanguard Russell 1000 Value ETF were worth $10,239,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VONV. Bank of America Corp DE increased its stake in Vanguard Russell 1000 Value ETF by 17.2% in the 4th quarter. Bank of America Corp DE now owns 23,515,240 shares of the company’s stock valued at $1,910,613,000 after buying an additional 3,443,350 shares during the last quarter. Franklin Resources Inc. increased its stake in Vanguard Russell 1000 Value ETF by 3,363.0% in the 4th quarter. Franklin Resources Inc. now owns 1,262,765 shares of the company’s stock valued at $102,600,000 after buying an additional 1,226,301 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard Russell 1000 Value ETF in the 4th quarter valued at $98,418,000. SageView Advisory Group LLC increased its stake in Vanguard Russell 1000 Value ETF by 18.3% in the 4th quarter. SageView Advisory Group LLC now owns 2,369,344 shares of the company’s stock valued at $192,509,000 after buying an additional 366,318 shares during the last quarter. Finally, FourThought Financial Partners LLC increased its stake in Vanguard Russell 1000 Value ETF by 388.7% in the 4th quarter. FourThought Financial Partners LLC now owns 352,165 shares of the company’s stock valued at $28,613,000 after buying an additional 280,100 shares during the last quarter.

Vanguard Russell 1000 Value ETF Trading Up 1.0%

Shares of VONV stock opened at $83.72 on Monday. Vanguard Russell 1000 Value ETF has a 1 year low of $71.68 and a 1 year high of $87.97. The firm’s fifty day moving average price is $80.18 and its two-hundred day moving average price is $82.56. The firm has a market capitalization of $11.62 billion, a P/E ratio of 19.37 and a beta of 0.95.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.3843 per share. The ex-dividend date was Tuesday, March 25th. This represents a $1.54 annualized dividend and a dividend yield of 1.84%.

Vanguard Russell 1000 Value ETF 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.