Westshore Wealth LLC Raises Stock Holdings in Vanguard Russell 1000 Value ETF $VONV

Westshore Wealth LLC lifted its stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 52.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,230 shares of the company’s stock after acquiring an additional 12,766 shares during the period. Vanguard Russell 1000 Value ETF accounts for approximately 1.1% of Westshore Wealth LLC’s portfolio, making the stock its 16th biggest holding. Westshore Wealth LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $3,436,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its holdings in Vanguard Russell 1000 Value ETF by 3.0% in the 3rd quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock valued at $2,544,908,000 after purchasing an additional 823,792 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Russell 1000 Value ETF by 8.5% during the fourth quarter. LPL Financial LLC now owns 11,418,321 shares of the company’s stock worth $1,053,911,000 after buying an additional 891,173 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Vanguard Russell 1000 Value ETF by 1,284.2% in the third quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock valued at $471,443,000 after buying an additional 4,894,074 shares during the last quarter. TIAA Trust National Association raised its position in shares of Vanguard Russell 1000 Value ETF by 4.0% in the fourth quarter. TIAA Trust National Association now owns 4,726,716 shares of the company’s stock valued at $436,277,000 after buying an additional 181,325 shares during the last quarter. Finally, Valpey Financial Services LLC lifted its stake in shares of Vanguard Russell 1000 Value ETF by 9,192.2% during the fourth quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock valued at $319,226,000 after buying an additional 3,421,345 shares during the period.

Vanguard Russell 1000 Value ETF Stock Performance

Shares of VONV opened at $106.14 on Friday. Vanguard Russell 1000 Value ETF has a 1 year low of $82.73 and a 1 year high of $108.02. The company’s 50 day simple moving average is $102.28 and its 200 day simple moving average is $97.65. The company has a market capitalization of $18.94 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th will be issued a $0.4102 dividend. The ex-dividend date is Thursday, June 18th. This represents a $1.64 annualized dividend and a yield of 1.5%.

About Vanguard Russell 1000 Value ETF

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.