Tennessee Valley Asset Management Partners Purchases 29,261 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Tennessee Valley Asset Management Partners increased its position in Vanguard Russell 1000 Value (NASDAQ:VONV) by 101.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,172 shares of the company’s stock after buying an additional 29,261 shares during the quarter. Vanguard Russell 1000 Value accounts for approximately 0.8% of Tennessee Valley Asset Management Partners’ investment portfolio, making the stock its 22nd largest position. Tennessee Valley Asset Management Partners owned approximately 0.05% of Vanguard Russell 1000 Value worth $4,454,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Condor Capital Management raised its stake in shares of Vanguard Russell 1000 Value by 2.0% during the second quarter. Condor Capital Management now owns 385,937 shares of the company’s stock valued at $29,551,000 after acquiring an additional 7,622 shares during the last quarter. Wealthgarden F.S. LLC bought a new position in Vanguard Russell 1000 Value during the 2nd quarter worth $217,000. LPL Financial LLC lifted its holdings in Vanguard Russell 1000 Value by 4.4% during the 2nd quarter. LPL Financial LLC now owns 1,207,687 shares of the company’s stock worth $92,473,000 after buying an additional 50,753 shares during the period. Choreo LLC bought a new stake in shares of Vanguard Russell 1000 Value in the 2nd quarter valued at about $345,000. Finally, Baker Boyer National Bank bought a new stake in shares of Vanguard Russell 1000 Value in the 2nd quarter valued at about $807,000.

Vanguard Russell 1000 Value Price Performance

Shares of VONV opened at $81.68 on Friday. The business has a 50-day moving average of $79.66 and a 200-day moving average of $77.79. The company has a market capitalization of $9.05 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 1 year low of $62.92 and a 1 year high of $82.65.

Vanguard Russell 1000 Value Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were issued a dividend of $0.389 per share. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.56 annualized dividend and a yield of 1.90%.

Vanguard Russell 1000 Value 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.