Phoenix Financial Ltd. Takes $259.53 Million Position in Vanguard Russell 1000 Value ETF $VONV

Phoenix Financial Ltd. bought a new stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,904,000 shares of the company’s stock, valued at approximately $259,530,000. Vanguard Russell 1000 Value ETF makes up about 3.4% of Phoenix Financial Ltd.’s investment portfolio, making the stock its 7th biggest holding. Phoenix Financial Ltd. owned 1.85% of Vanguard Russell 1000 Value ETF at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of VONV. Pinnacle Financial Partners Inc grew its stake in shares of Vanguard Russell 1000 Value ETF by 0.7% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 18,544 shares of the company’s stock worth $1,657,000 after buying an additional 132 shares in the last quarter. Modera Wealth Management LLC lifted its holdings in shares of Vanguard Russell 1000 Value ETF by 0.7% in the 3rd quarter. Modera Wealth Management LLC now owns 35,560 shares of the company’s stock valued at $3,178,000 after acquiring an additional 255 shares during the last quarter. Goldstein Advisors LLC grew its position in Vanguard Russell 1000 Value ETF by 5.1% in the third quarter. Goldstein Advisors LLC now owns 5,477 shares of the company’s stock worth $489,000 after acquiring an additional 264 shares in the last quarter. WPG Advisers LLC bought a new stake in Vanguard Russell 1000 Value ETF during the third quarter worth approximately $26,000. Finally, Moloney Securities Asset Management LLC increased its stake in Vanguard Russell 1000 Value ETF by 2.3% during the second quarter. Moloney Securities Asset Management LLC now owns 12,690 shares of the company’s stock worth $1,081,000 after acquiring an additional 289 shares during the last quarter.

Vanguard Russell 1000 Value ETF Price Performance

NASDAQ:VONV opened at $96.14 on Tuesday. The firm has a market capitalization of $15.13 billion, a price-to-earnings ratio of 19.46 and a beta of 0.89. The business has a 50 day simple moving average of $93.05 and a 200-day simple moving average of $89.98. Vanguard Russell 1000 Value ETF has a 1 year low of $71.68 and a 1 year high of $96.86.

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 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Monday, December 22nd.

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.