Hsbc Holdings PLC Invests $3.62 Million in Vanguard Russell 1000 Value ETF $VONV

Hsbc Holdings PLC acquired a new stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 39,165 shares of the company’s stock, valued at approximately $3,615,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Goldman Sachs Group Inc. raised its holdings in Vanguard Russell 1000 Value ETF by 11.6% during the first quarter. Goldman Sachs Group Inc. now owns 583,695 shares of the company’s stock worth $48,178,000 after purchasing an additional 60,644 shares in the last quarter. Jane Street Group LLC purchased a new stake in Vanguard Russell 1000 Value ETF in the first quarter valued at $5,536,000. Russell Investments Group Ltd. lifted its position in Vanguard Russell 1000 Value ETF by 920.0% in the second quarter. Russell Investments Group Ltd. now owns 561 shares of the company’s stock valued at $48,000 after acquiring an additional 506 shares during the last quarter. Cerity Partners LLC boosted its stake in Vanguard Russell 1000 Value ETF by 9.4% in the second quarter. Cerity Partners LLC now owns 49,376 shares of the company’s stock valued at $4,207,000 after acquiring an additional 4,256 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in Vanguard Russell 1000 Value ETF by 1,948.6% in the second quarter. Qube Research & Technologies Ltd now owns 3,749 shares of the company’s stock valued at $319,000 after acquiring an additional 3,566 shares in the last quarter.

Vanguard Russell 1000 Value ETF Stock Performance

Shares of VONV stock opened at $106.39 on Monday. The stock’s 50-day moving average is $103.29 and its two-hundred day moving average is $98.26. Vanguard Russell 1000 Value ETF has a 1 year low of $84.13 and a 1 year high of $108.02. The firm has a market cap of $18.98 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a $0.4102 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.5%.

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.