Commerce Bank Boosts Stock Holdings in Vanguard Russell 1000 Value (NASDAQ:VONV)

Commerce Bank increased its position in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 21.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 193,985 shares of the company’s stock after purchasing an additional 34,606 shares during the period. Commerce Bank’s holdings in Vanguard Russell 1000 Value were worth $16,165,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Park Avenue Securities LLC acquired a new position in Vanguard Russell 1000 Value during the second quarter worth about $588,000. Raymond James & Associates grew its position in Vanguard Russell 1000 Value by 12.6% during the second quarter. Raymond James & Associates now owns 753,561 shares of the company’s stock worth $57,700,000 after buying an additional 84,477 shares during the period. Cetera Investment Advisers grew its position in Vanguard Russell 1000 Value by 185.1% during the first quarter. Cetera Investment Advisers now owns 288,015 shares of the company’s stock worth $22,649,000 after buying an additional 186,989 shares during the period. Corundum Group Inc. grew its position in Vanguard Russell 1000 Value by 55.4% during the second quarter. Corundum Group Inc. now owns 64,172 shares of the company’s stock worth $4,914,000 after buying an additional 22,868 shares during the period. Finally, Cetera Advisors LLC grew its position in Vanguard Russell 1000 Value by 246.5% during the first quarter. Cetera Advisors LLC now owns 17,758 shares of the company’s stock worth $1,396,000 after buying an additional 12,633 shares during the period.

Vanguard Russell 1000 Value Trading Up 0.3 %

Shares of VONV opened at $85.11 on Thursday. The firm’s 50-day moving average is $83.64 and its two-hundred day moving average is $80.24. Vanguard Russell 1000 Value has a twelve month low of $67.88 and a twelve month high of $86.57. The firm has a market capitalization of $9.66 billion, a P/E ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.437 dividend. The ex-dividend date was Thursday, September 26th. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. This represents a $1.75 annualized dividend and a dividend yield of 2.05%.

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.