44 Wealth Management LLC Makes New Investment in Vanguard Russell 1000 Value (NASDAQ:VONV)

44 Wealth Management LLC purchased a new position in Vanguard Russell 1000 Value (NASDAQ:VONV) during the 4th quarter, Holdings Channel reports. The fund purchased 10,099 shares of the company’s stock, valued at approximately $821,000.

Other institutional investors have also added to or reduced their stakes in the company. DAVENPORT & Co LLC increased its stake in shares of Vanguard Russell 1000 Value by 4,696.6% in the fourth quarter. DAVENPORT & Co LLC now owns 280,460 shares of the company’s stock worth $22,787,000 after purchasing an additional 274,613 shares in the last quarter. LPL Financial LLC increased its stake in shares of Vanguard Russell 1000 Value by 18.7% in the third quarter. LPL Financial LLC now owns 1,434,011 shares of the company’s stock worth $119,496,000 after purchasing an additional 226,324 shares in the last quarter. Highline Wealth Partners LLC purchased a new stake in shares of Vanguard Russell 1000 Value in the third quarter worth $13,274,000. Strategic Financial Concepts LLC purchased a new stake in shares of Vanguard Russell 1000 Value in the fourth quarter worth $8,272,000. Finally, International Assets Investment Management LLC increased its stake in shares of Vanguard Russell 1000 Value by 10,072.9% in the third quarter. International Assets Investment Management LLC now owns 97,660 shares of the company’s stock worth $8,138,000 after purchasing an additional 96,700 shares in the last quarter.

Vanguard Russell 1000 Value Stock Performance

VONV opened at $84.64 on Friday. The stock has a market capitalization of $10.34 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. The company has a fifty day moving average of $83.54 and a 200 day moving average of $83.29. Vanguard Russell 1000 Value has a fifty-two week low of $74.11 and a fifty-two week high of $87.97.

Vanguard Russell 1000 Value Announces Dividend

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

Vanguard Russell 1000 Value 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.