Vanguard Russell 1000 Value (NASDAQ:VONV) Position Increased by Commerce Bank

Commerce Bank raised its stake in Vanguard Russell 1000 Value (NASDAQ:VONV) by 35.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 157,529 shares of the company’s stock after buying an additional 41,519 shares during the period. Commerce Bank owned approximately 0.15% of Vanguard Russell 1000 Value worth $12,388,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. O Shaughnessy Asset Management LLC purchased a new position in shares of Vanguard Russell 1000 Value in the third quarter worth approximately $76,000. Glenmede Trust Co. NA purchased a new stake in shares of Vanguard Russell 1000 Value in the third quarter valued at $387,000. Royal Bank of Canada boosted its position in shares of Vanguard Russell 1000 Value by 0.5% in the third quarter. Royal Bank of Canada now owns 649,084 shares of the company’s stock worth $43,268,000 after buying an additional 3,427 shares during the period. Moneta Group Investment Advisors LLC grew its holdings in shares of Vanguard Russell 1000 Value by 5.2% during the third quarter. Moneta Group Investment Advisors LLC now owns 6,681 shares of the company’s stock valued at $445,000 after buying an additional 328 shares in the last quarter. Finally, Comerica Bank acquired a new position in Vanguard Russell 1000 Value during the third quarter valued at $28,000,000.

Vanguard Russell 1000 Value Trading Up 0.5 %

NASDAQ VONV traded up $0.36 during trading on Wednesday, reaching $76.67. 229,551 shares of the company’s stock were exchanged, compared to its average volume of 371,257. Vanguard Russell 1000 Value has a fifty-two week low of $62.92 and a fifty-two week high of $78.81. The company’s fifty day simple moving average is $77.01 and its 200-day simple moving average is $75.48. The firm has a market capitalization of $8.49 billion, a PE ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were given a dividend of $0.389 per share. The ex-dividend date was Thursday, June 27th. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. This represents a $1.56 dividend on an annualized basis and a yield of 2.03%.

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.