Spartan Wealth Advisory Services LLC Takes Position in Vanguard Russell 1000 Value ETF $VONV

Spartan Wealth Advisory Services LLC bought a new stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) in the 1st quarter, HoldingsChannel.com reports. The firm bought 127,567 shares of the company’s stock, valued at approximately $11,958,000. Vanguard Russell 1000 Value ETF accounts for about 1.0% of Spartan Wealth Advisory Services LLC’s portfolio, making the stock its 20th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Atlanta Consulting Group Advisors LLC raised its holdings in Vanguard Russell 1000 Value ETF by 0.8% during the 4th quarter. Atlanta Consulting Group Advisors LLC now owns 13,337 shares of the company’s stock worth $1,231,000 after buying an additional 108 shares during the period. Bank of New York Mellon Corp increased its position in shares of Vanguard Russell 1000 Value ETF by 1.5% in the first quarter. Bank of New York Mellon Corp now owns 7,449 shares of the company’s stock worth $698,000 after acquiring an additional 109 shares in the last quarter. Asset Management One Co. Ltd. raised its holdings in shares of Vanguard Russell 1000 Value ETF by 20.3% during the fourth quarter. Asset Management One Co. Ltd. now owns 693 shares of the company’s stock valued at $64,000 after acquiring an additional 117 shares during the period. Assetmark Inc. raised its holdings in shares of Vanguard Russell 1000 Value ETF by 9.2% during the first quarter. Assetmark Inc. now owns 1,433 shares of the company’s stock valued at $134,000 after acquiring an additional 121 shares during the period. Finally, Thompson Siegel & Walmsley LLC lifted its position in shares of Vanguard Russell 1000 Value ETF by 4.5% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,932 shares of the company’s stock valued at $271,000 after acquiring an additional 125 shares in the last quarter.

Vanguard Russell 1000 Value ETF Stock Performance

Vanguard Russell 1000 Value ETF stock opened at $108.77 on Friday. Vanguard Russell 1000 Value ETF has a 52 week low of $84.13 and a 52 week high of $109.85. The firm has a market capitalization of $20.38 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. The company has a 50 day moving average price of $105.58 and a 200 day moving average price of $99.82.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

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.