Truist Financial Corp Acquires 36,936 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Truist Financial Corp grew its holdings in Vanguard Russell 1000 Value (NASDAQ:VONV) by 3.7% in the 4th quarter, Holdings Channel reports. The fund owned 1,022,706 shares of the company’s stock after purchasing an additional 36,936 shares during the quarter. Truist Financial Corp’s holdings in Vanguard Russell 1000 Value were worth $74,187,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. ORG Partners LLC grew its holdings in shares of 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 buying an additional 415 shares in the last quarter. Macroview Investment Management LLC bought a new position in shares of Vanguard Russell 1000 Value during the third quarter worth about $76,000. O Shaughnessy Asset Management LLC bought a new position in shares of Vanguard Russell 1000 Value during the third quarter worth about $76,000. NBC Securities Inc. bought a new position in shares of Vanguard Russell 1000 Value during the third quarter worth about $77,000. Finally, Glass Jacobson Investment Advisors llc bought a new position in shares of Vanguard Russell 1000 Value during the third quarter worth about $100,000.

Vanguard Russell 1000 Value Stock Performance

NASDAQ:VONV opened at $75.98 on Friday. The company has a market cap of $8.14 billion, a PE ratio of 17.29 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. The stock has a 50-day simple moving average of $76.24 and a 200 day simple moving average of $72.02.

Vanguard Russell 1000 Value Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were issued a dividend of $0.335 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $1.34 dividend on an annualized basis and a dividend yield of 1.76%.

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.