Thrivent Financial for Lutherans Increases Stock Position in Vanguard Russell 1000 Value ETF $VONV

Thrivent Financial for Lutherans raised its stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 459.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 170,907 shares of the company’s stock after acquiring an additional 140,342 shares during the period. Thrivent Financial for Lutherans’ holdings in Vanguard Russell 1000 Value ETF were worth $15,794,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VONV. YANKCOM Partnership acquired a new stake in Vanguard Russell 1000 Value ETF in the 4th quarter valued at approximately $25,000. WPG Advisers LLC purchased a new position in shares of Vanguard Russell 1000 Value ETF during the third quarter worth $26,000. Fairway Wealth LLC purchased a new position in shares of Vanguard Russell 1000 Value ETF during the third quarter worth $32,000. Victory Capital Management Inc. grew its stake in shares of Vanguard Russell 1000 Value ETF by 139.6% in the third quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock valued at $40,000 after buying an additional 261 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. grew its stake in shares of Vanguard Russell 1000 Value ETF by 355.0% in the third quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock valued at $41,000 after buying an additional 355 shares in the last quarter.

Vanguard Russell 1000 Value ETF Price Performance

NASDAQ VONV opened at $102.09 on Tuesday. The company has a market cap of $18.21 billion, a P/E ratio of 19.46 and a beta of 0.84. The stock has a 50-day moving average of $97.58 and a two-hundred day moving average of $95.28. Vanguard Russell 1000 Value ETF has a 1-year low of $81.12 and a 1-year high of $103.55.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were issued a $0.4117 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $1.65 annualized dividend and a yield of 1.6%.

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.