Citigroup Inc. Buys 118,188 Shares of Vanguard Russell 1000 Value ETF $VONV

Citigroup Inc. increased its stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 12.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,052,746 shares of the company’s stock after buying an additional 118,188 shares during the quarter. Citigroup Inc. owned approximately 0.71% of Vanguard Russell 1000 Value ETF worth $89,705,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VONV. LPL Financial LLC raised its position in Vanguard Russell 1000 Value ETF by 488.3% during the first quarter. LPL Financial LLC now owns 8,977,710 shares of the company’s stock worth $741,020,000 after acquiring an additional 7,451,591 shares in the last quarter. Symphony Financial Ltd. Co. raised its holdings in shares of Vanguard Russell 1000 Value ETF by 9,783.3% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 635,005 shares of the company’s stock valued at $54,163,000 after purchasing an additional 628,580 shares during the period. Wellington Management Group LLP acquired a new stake in Vanguard Russell 1000 Value ETF in the 1st quarter valued at about $48,742,000. Ameriprise Financial Inc. grew its holdings in Vanguard Russell 1000 Value ETF by 41.4% during the first quarter. Ameriprise Financial Inc. now owns 1,404,295 shares of the company’s stock worth $115,912,000 after purchasing an additional 411,085 shares during the period. Finally, Brio Consultants LLC acquired a new position in Vanguard Russell 1000 Value ETF during the second quarter worth approximately $28,367,000.

Vanguard Russell 1000 Value ETF Stock Down 0.1%

NASDAQ:VONV opened at $88.83 on Wednesday. Vanguard Russell 1000 Value ETF has a 12-month low of $71.68 and a 12-month high of $91.57. The firm has a market capitalization of $13.96 billion, a price-to-earnings ratio of 19.46 and a beta of 0.89. The stock’s 50 day moving average price is $89.49 and its two-hundred day moving average price is $86.68.

Vanguard Russell 1000 Value ETF Dividend Announcement

The business also recently disclosed a — dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were given a dividend of $0.8094 per share. This represents a yield of 190.0%. The ex-dividend date of this dividend was Wednesday, September 24th.

About Vanguard Russell 1000 Value ETF

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.