World Investment Advisors Has $2.07 Million Stock Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

World Investment Advisors boosted its holdings in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 4.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,502 shares of the company’s stock after acquiring an additional 1,014 shares during the quarter. World Investment Advisors’ holdings in Vanguard Russell 1000 Value were worth $2,072,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. increased its stake in shares of Vanguard Russell 1000 Value by 3,363.0% in the fourth quarter. Franklin Resources Inc. now owns 1,262,765 shares of the company’s stock worth $102,600,000 after acquiring an additional 1,226,301 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard Russell 1000 Value in the fourth quarter valued at about $98,418,000. FourThought Financial Partners LLC increased its position in Vanguard Russell 1000 Value by 388.7% in the 4th quarter. FourThought Financial Partners LLC now owns 352,165 shares of the company’s stock worth $28,613,000 after purchasing an additional 280,100 shares during the last quarter. DAVENPORT & Co LLC raised its stake in shares of Vanguard Russell 1000 Value by 4,696.6% during the 4th 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. Finally, Verdence Capital Advisors LLC lifted its holdings in shares of Vanguard Russell 1000 Value by 78.9% during the 4th quarter. Verdence Capital Advisors LLC now owns 270,091 shares of the company’s stock valued at $21,945,000 after buying an additional 119,089 shares during the last quarter.

Vanguard Russell 1000 Value Stock Performance

Shares of NASDAQ VONV opened at $74.70 on Friday. The business has a 50 day simple moving average of $83.62 and a 200 day simple moving average of $83.74. Vanguard Russell 1000 Value has a 52 week low of $74.11 and a 52 week high of $87.97. The stock has a market cap of $9.80 billion, a price-to-earnings ratio of 19.33 and a beta of 0.95.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.3843 per share. The ex-dividend date was Tuesday, March 25th. This represents a $1.54 annualized dividend and a dividend yield of 2.06%.

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.