44 Wealth Management LLC Takes $821,000 Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

44 Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,099 shares of the company’s stock, valued at approximately $821,000.

Other institutional investors have also recently made changes to their positions in the company. Financial Life Planners bought a new position in Vanguard Russell 1000 Value during the fourth quarter valued at approximately $412,000. First Horizon Advisors Inc. lifted its position in Vanguard Russell 1000 Value by 27.1% during the third quarter. First Horizon Advisors Inc. now owns 54,534 shares of the company’s stock valued at $4,544,000 after purchasing an additional 11,624 shares during the period. JPMorgan Chase & Co. lifted its position in Vanguard Russell 1000 Value by 13.4% during the third quarter. JPMorgan Chase & Co. now owns 432,022 shares of the company’s stock valued at $36,000,000 after purchasing an additional 50,950 shares during the period. Wilmington Savings Fund Society FSB lifted its position in Vanguard Russell 1000 Value by 183.9% during the third quarter. Wilmington Savings Fund Society FSB now owns 9,415 shares of the company’s stock valued at $785,000 after purchasing an additional 6,099 shares during the period. Finally, Citigroup Inc. lifted its position in Vanguard Russell 1000 Value by 2.3% during the third quarter. Citigroup Inc. now owns 1,140,495 shares of the company’s stock valued at $95,037,000 after purchasing an additional 25,252 shares during the period.

Vanguard Russell 1000 Value Stock Down 1.3 %

Shares of Vanguard Russell 1000 Value stock opened at $84.64 on Friday. The company has a market cap of $10.34 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. The company’s 50 day moving average is $83.54 and its 200 day moving average is $83.29. Vanguard Russell 1000 Value has a twelve month low of $74.11 and a twelve month high of $87.97.

Vanguard Russell 1000 Value Announces Dividend

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

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.