Steel Grove Capital Advisors LLC Acquires New Position in Vanguard Russell 1000 Value ETF $VONV

by · The Cerbat Gem

Steel Grove Capital Advisors LLC acquired a new stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 46,658 shares of the company’s stock, valued at approximately $4,307,000. Vanguard Russell 1000 Value ETF comprises about 0.4% of Steel Grove Capital Advisors LLC’s portfolio, making the stock its 26th biggest holding.

Other hedge funds have also added to or reduced their stakes in the company. YANKCOM Partnership bought a new position in Vanguard Russell 1000 Value ETF in the fourth quarter valued at approximately $25,000. Victory Capital Management Inc. raised its stake in Vanguard Russell 1000 Value ETF by 139.6% during the third quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock worth $40,000 after acquiring an additional 261 shares in the last quarter. Newbridge Financial Services Group Inc. raised its stake in Vanguard Russell 1000 Value ETF by 355.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock worth $41,000 after acquiring an additional 355 shares in the last quarter. Optima Capital LLC acquired a new position in Vanguard Russell 1000 Value ETF during the fourth quarter worth about $45,000. Finally, Russell Investments Group Ltd. raised its stake in Vanguard Russell 1000 Value ETF by 920.0% during the second quarter. Russell Investments Group Ltd. now owns 561 shares of the company’s stock worth $48,000 after acquiring an additional 506 shares in the last quarter.

Vanguard Russell 1000 Value ETF Trading Up 0.9%

Shares of NASDAQ VONV opened at $104.58 on Wednesday. The company has a market cap of $18.66 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 12 month low of $81.93 and a 12 month high of $104.67. The stock has a 50-day moving average price of $98.54 and a two-hundred day moving average price of $95.86.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were paid a dividend of $0.4117 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $1.65 annualized dividend and a yield of 1.6%.

About Vanguard Russell 1000 Value ETF

(Free Report)

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.

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