Vanguard Russell 1000 Value (NASDAQ:VONV) Stake Boosted by Truist Financial Corp

Truist Financial Corp raised its stake in Vanguard Russell 1000 Value (NASDAQ:VONV) by 3.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,022,706 shares of the company’s stock after buying an additional 36,936 shares during the quarter. Truist Financial Corp owned approximately 0.93% of Vanguard Russell 1000 Value worth $74,187,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. ORG Partners LLC lifted its stake in Vanguard Russell 1000 Value by 922.2% in the fourth quarter. ORG Partners LLC now owns 460 shares of the company’s stock valued at $34,000 after buying an additional 415 shares during the last quarter. Macroview Investment Management LLC bought a new stake in Vanguard Russell 1000 Value in the third quarter valued at $76,000. O Shaughnessy Asset Management LLC bought a new stake in Vanguard Russell 1000 Value in the third quarter valued at $76,000. NBC Securities Inc. bought a new stake in Vanguard Russell 1000 Value in the third quarter valued at $77,000. Finally, Glass Jacobson Investment Advisors llc bought a new stake in Vanguard Russell 1000 Value in the third quarter valued at $100,000.

Vanguard Russell 1000 Value Stock Performance

Shares of VONV opened at $75.98 on Friday. The firm has a market capitalization of $8.14 billion, a price-to-earnings ratio of 17.29 and a beta of 0.95. Vanguard Russell 1000 Value has a one year low of $62.92 and a one year high of $78.81. The stock’s fifty day moving average is $76.24 and its 200-day moving average is $72.02.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.335 per share. This represents a $1.34 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date was Thursday, March 21st.

Vanguard Russell 1000 Value 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.