Zhang Financial LLC Grows Stake in Vanguard Russell 1000 Value ETF $VONV

Zhang Financial LLC increased its position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 32.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 63,828 shares of the company’s stock after acquiring an additional 15,491 shares during the quarter. Zhang Financial LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $5,983,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC lifted its stake in shares of Vanguard Russell 1000 Value ETF by 29.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 75,009 shares of the company’s stock worth $6,985,000 after purchasing an additional 17,173 shares during the period. Fulton Bank N.A. grew its position in Vanguard Russell 1000 Value ETF by 20.6% during the fourth quarter. Fulton Bank N.A. now owns 35,318 shares of the company’s stock valued at $3,260,000 after buying an additional 6,040 shares during the period. JPMorgan Chase & Co. grew its position in Vanguard Russell 1000 Value ETF by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 588,931 shares of the company’s stock valued at $52,633,000 after buying an additional 11,704 shares during the period. Aaron Wealth Advisors LLC increased its holdings in Vanguard Russell 1000 Value ETF by 8.2% during the fourth quarter. Aaron Wealth Advisors LLC now owns 876,547 shares of the company’s stock valued at $80,905,000 after buying an additional 66,229 shares during the last quarter. Finally, WestHill Financial Advisors Inc. increased its holdings in Vanguard Russell 1000 Value ETF by 0.7% during the fourth quarter. WestHill Financial Advisors Inc. now owns 751,666 shares of the company’s stock valued at $69,379,000 after buying an additional 5,403 shares during the last quarter.

Vanguard Russell 1000 Value ETF Trading Down 0.6%

VONV opened at $108.77 on Friday. The firm’s 50 day simple moving average is $105.58 and its two-hundred day simple moving average is $99.82. The company has a market capitalization of $20.38 billion, a PE ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 1-year low of $84.13 and a 1-year high of $109.85.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

Vanguard Russell 1000 Value ETF 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.