Corundum Group Inc. Reduces Stock Holdings in Vanguard Russell 1000 Value (NASDAQ:VONV)

Corundum Group Inc. lowered its position in Vanguard Russell 1000 Value (NASDAQ:VONV) by 35.6% in the third quarter, HoldingsChannel reports. The firm owned 41,297 shares of the company’s stock after selling 22,875 shares during the period. Vanguard Russell 1000 Value makes up about 1.6% of Corundum Group Inc.’s portfolio, making the stock its 14th biggest holding. Corundum Group Inc.’s holdings in Vanguard Russell 1000 Value were worth $3,441,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. M3 Advisory Group LLC boosted its stake in Vanguard Russell 1000 Value by 0.7% during the third quarter. M3 Advisory Group LLC now owns 19,320 shares of the company’s stock worth $1,610,000 after buying an additional 130 shares during the period. Simplicity Wealth LLC boosted its stake in Vanguard Russell 1000 Value by 2.6% during the second quarter. Simplicity Wealth LLC now owns 5,331 shares of the company’s stock worth $408,000 after buying an additional 135 shares during the period. Quotient Wealth Partners LLC boosted its stake in Vanguard Russell 1000 Value by 3.8% during the third quarter. Quotient Wealth Partners LLC now owns 4,422 shares of the company’s stock worth $368,000 after buying an additional 162 shares during the period. Cyndeo Wealth Partners LLC boosted its stake in Vanguard Russell 1000 Value by 2.0% during the third quarter. Cyndeo Wealth Partners LLC now owns 9,054 shares of the company’s stock worth $754,000 after buying an additional 179 shares during the period. Finally, CreativeOne Wealth LLC boosted its stake in Vanguard Russell 1000 Value by 2.9% during the first quarter. CreativeOne Wealth LLC now owns 6,985 shares of the company’s stock worth $549,000 after buying an additional 197 shares during the period.

Vanguard Russell 1000 Value Price Performance

Shares of VONV stock opened at $85.00 on Monday. The firm has a market cap of $9.65 billion, a PE ratio of 17.49 and a beta of 0.95. The company has a 50-day moving average of $82.03 and a two-hundred day moving average of $78.92. Vanguard Russell 1000 Value has a 1-year low of $62.92 and a 1-year high of $85.04.

Vanguard Russell 1000 Value Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.437 per share. This represents a $1.75 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39.

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.