Janney Montgomery Scott LLC Has $133.32 Million Stock Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

Janney Montgomery Scott LLC lessened its holdings in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 2.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,695,276 shares of the company’s stock after selling 41,795 shares during the period. Janney Montgomery Scott LLC owned 1.58% of Vanguard Russell 1000 Value worth $133,317,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of VONV. Deane Retirement Strategies Inc. acquired a new stake in shares of Vanguard Russell 1000 Value in the first quarter valued at about $26,000. Elevate Wealth Advisory Inc. bought a new stake in Vanguard Russell 1000 Value during the fourth quarter valued at $27,000. ORG Partners LLC grew its stake in Vanguard Russell 1000 Value by 922.2% during the fourth quarter. ORG Partners LLC now owns 460 shares of the company’s stock worth $34,000 after purchasing an additional 415 shares during the period. Principal Securities Inc. bought a new stake in Vanguard Russell 1000 Value in the fourth quarter worth approximately $54,000. Finally, Financial Management Professionals Inc. acquired a new position in Vanguard Russell 1000 Value in the first quarter valued at approximately $67,000.

Vanguard Russell 1000 Value Stock Performance

Shares of Vanguard Russell 1000 Value stock traded down $0.09 on Friday, reaching $76.26. 279,057 shares of the company’s stock were exchanged, compared to its average volume of 372,765. The firm’s 50-day moving average is $76.99 and its two-hundred day moving average is $75.37. The company has a market capitalization of $8.45 billion, a P/E ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 52 week low of $62.92 and a 52 week high of $78.81.

Vanguard Russell 1000 Value Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were issued a $0.389 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 2.04%. This is a boost from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, June 27th.

About Vanguard Russell 1000 Value

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.