Verdence Capital Advisors LLC Has $23.01 Million Stock Holdings in Vanguard Russell 1000 Value ETF $VONV

Verdence Capital Advisors LLC grew its stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 15.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 252,651 shares of the company’s stock after purchasing an additional 33,784 shares during the quarter. Vanguard Russell 1000 Value ETF makes up 1.3% of Verdence Capital Advisors LLC’s holdings, making the stock its 11th largest holding. Verdence Capital Advisors LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $23,009,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Pinnacle Financial Partners Inc boosted its position in Vanguard Russell 1000 Value ETF by 0.7% during the third quarter. Pinnacle Financial Partners Inc now owns 18,544 shares of the company’s stock valued at $1,657,000 after purchasing an additional 132 shares during the last quarter. Goldstein Advisors LLC raised its stake in shares of Vanguard Russell 1000 Value ETF by 5.1% during the 3rd quarter. Goldstein Advisors LLC now owns 5,477 shares of the company’s stock worth $489,000 after purchasing an additional 264 shares in the last quarter. WPG Advisers LLC acquired a new stake in shares of Vanguard Russell 1000 Value ETF in the 3rd quarter valued at approximately $26,000. Moloney Securities Asset Management LLC boosted its holdings in shares of Vanguard Russell 1000 Value ETF by 2.3% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 12,690 shares of the company’s stock valued at $1,081,000 after buying an additional 289 shares during the last quarter. Finally, MAI Capital Management grew its stake in shares of Vanguard Russell 1000 Value ETF by 0.7% in the second quarter. MAI Capital Management now owns 40,063 shares of the company’s stock valued at $3,414,000 after buying an additional 296 shares in the last quarter.

Vanguard Russell 1000 Value ETF Trading Down 0.1%

Shares of VONV opened at $96.10 on Monday. The company’s fifty day simple moving average is $92.37 and its 200 day simple moving average is $89.58. Vanguard Russell 1000 Value ETF has a 1-year low of $71.68 and a 1-year high of $96.49. The company has a market cap of $15.12 billion, a price-to-earnings ratio of 19.46 and a beta of 0.89.

Vanguard Russell 1000 Value ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were issued a $0.4916 dividend. This represents a $1.97 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Monday, December 22nd.

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.