DAVENPORT & Co LLC Acquires 274,613 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

DAVENPORT & Co LLC lifted its stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 4,696.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 280,460 shares of the company’s stock after purchasing an additional 274,613 shares during the period. DAVENPORT & Co LLC’s holdings in Vanguard Russell 1000 Value were worth $22,787,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Chicago Partners Investment Group LLC increased its holdings in shares of Vanguard Russell 1000 Value by 2.4% in the fourth quarter. Chicago Partners Investment Group LLC now owns 17,932 shares of the company’s stock valued at $1,465,000 after purchasing an additional 418 shares during the last quarter. Fifth Third Securities Inc. raised its holdings in Vanguard Russell 1000 Value by 4.2% in the 4th quarter. Fifth Third Securities Inc. now owns 137,519 shares of the company’s stock valued at $11,173,000 after acquiring an additional 5,546 shares during the period. Crews Bank & Trust bought a new stake in shares of Vanguard Russell 1000 Value during the fourth quarter worth approximately $46,000. Synergy Asset Management LLC acquired a new position in shares of Vanguard Russell 1000 Value in the fourth quarter valued at approximately $25,000. Finally, Highland Capital Management LLC increased its stake in shares of Vanguard Russell 1000 Value by 4.2% during the fourth quarter. Highland Capital Management LLC now owns 117,376 shares of the company’s stock worth $9,537,000 after purchasing an additional 4,689 shares during the period.

Vanguard Russell 1000 Value Price Performance

VONV opened at $84.89 on Monday. The business has a fifty day simple moving average of $83.86 and a 200 day simple moving average of $82.70. Vanguard Russell 1000 Value has a 1 year low of $72.12 and a 1 year high of $87.97. The company has a market capitalization of $10.37 billion, a PE ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were paid a $0.437 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Vanguard Russell 1000 Value 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.