IFS Group LLC Invests $2.26 Million in Vanguard Russell 1000 Value ETF $VONV

IFS Group LLC purchased a new stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 24,071 shares of the company’s stock, valued at approximately $2,256,000. Vanguard Russell 1000 Value ETF makes up 2.0% of IFS Group LLC’s investment portfolio, making the stock its 10th largest holding.

A number of other large investors have also made changes to their positions in the stock. Wellington Management Group LLP lifted its position in Vanguard Russell 1000 Value ETF by 1,284.2% during the third quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock worth $471,443,000 after buying an additional 4,894,074 shares in the last quarter. Bank of America Corp DE grew its holdings in Vanguard Russell 1000 Value ETF by 14.7% in the 2nd quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock valued at $2,356,252,000 after buying an additional 3,543,885 shares in the last quarter. Valpey Financial Services LLC grew its holdings in Vanguard Russell 1000 Value ETF by 9,192.2% in the 4th 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 in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Vanguard Russell 1000 Value ETF by 227.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,684,203 shares of the company’s stock worth $247,752,000 after acquiring an additional 1,865,509 shares during the last quarter. Finally, OpenArc Corporate Advisory LLC acquired a new stake in shares of Vanguard Russell 1000 Value ETF in the 4th quarter worth $135,878,000.

Vanguard Russell 1000 Value ETF Stock Up 0.9%

NASDAQ VONV opened at $110.50 on Wednesday. The business’s fifty day simple moving average is $106.47 and its 200-day simple moving average is $100.63. The firm has a market cap of $20.71 billion, a PE ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 52 week low of $84.13 and a 52 week high of $110.82.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

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.