Truist Financial Corp Has $84.23 Million Holdings in Vanguard Russell 1000 Value ETF (NASDAQ:VONV)

Truist Financial Corp boosted its holdings in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 0.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,020,447 shares of the company’s stock after purchasing an additional 5,867 shares during the quarter. Truist Financial Corp owned about 0.74% of Vanguard Russell 1000 Value ETF worth $84,228,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE lifted its holdings in shares of Vanguard Russell 1000 Value ETF by 14.5% during the fourth quarter. US Bancorp DE now owns 8,762 shares of the company’s stock worth $712,000 after buying an additional 1,108 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in Vanguard Russell 1000 Value ETF by 32.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,703 shares of the company’s stock worth $382,000 after acquiring an additional 1,144 shares during the period. Assetmark Inc. raised its stake in Vanguard Russell 1000 Value ETF by 3,882.8% during the 4th quarter. Assetmark Inc. now owns 8,563 shares of the company’s stock valued at $696,000 after purchasing an additional 8,348 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Vanguard Russell 1000 Value ETF in the 4th quarter valued at $98,418,000. Finally, AMG National Trust Bank grew its position in Vanguard Russell 1000 Value ETF by 292.0% in the 4th quarter. AMG National Trust Bank now owns 9,642 shares of the company’s stock worth $782,000 after purchasing an additional 7,182 shares during the last quarter.

Vanguard Russell 1000 Value ETF Stock Performance

Shares of VONV opened at $86.61 on Friday. The company has a 50-day simple moving average of $83.02 and a 200-day simple moving average of $82.40. Vanguard Russell 1000 Value ETF has a 52 week low of $71.68 and a 52 week high of $87.97. The firm has a market capitalization of $12.77 billion, a P/E ratio of 19.46 and a beta of 0.95.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Friday, June 20th were paid a dividend of $0.4009 per share. The ex-dividend date of this dividend was Friday, June 20th. This represents a $1.60 annualized dividend and a yield of 1.85%.

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.