Kanawha Capital Management LLC Acquires 1,425 Shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV)

Kanawha Capital Management LLC increased its stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 2.8% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,961 shares of the company’s stock after acquiring an additional 1,425 shares during the quarter. Kanawha Capital Management LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $4,371,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Minot DeBlois Advisors LLC acquired a new stake in Vanguard Russell 1000 Value ETF in the fourth quarter valued at approximately $25,000. Lee Danner & Bass Inc. bought a new position in shares of Vanguard Russell 1000 Value ETF in the 4th quarter worth $30,000. Alpine Bank Wealth Management acquired a new stake in Vanguard Russell 1000 Value ETF in the 1st quarter valued at $38,000. Legacy Investment Solutions LLC bought a new stake in Vanguard Russell 1000 Value ETF during the 4th quarter valued at $49,000. Finally, Coppell Advisory Solutions LLC bought a new stake in Vanguard Russell 1000 Value ETF during the 4th quarter valued at $48,000.

Vanguard Russell 1000 Value ETF Trading Up 1.0%

Vanguard Russell 1000 Value ETF stock opened at $86.02 on Wednesday. Vanguard Russell 1000 Value ETF has a 1-year low of $71.68 and a 1-year high of $87.97. The firm has a market capitalization of $11.94 billion, a price-to-earnings ratio of 19.46 and a beta of 0.95. The firm’s fifty day moving average price is $82.56 and its two-hundred day moving average price is $82.33.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Friday, June 20th were issued a $0.4009 dividend. The ex-dividend date of this dividend was Friday, June 20th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.86%.

Vanguard Russell 1000 Value ETF 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.