Embree Financial Group Buys New Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

Embree Financial Group bought a new stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) during the 1st quarter, HoldingsChannel.com reports. The fund bought 25,813 shares of the company’s stock, valued at approximately $2,030,000.

A number of other large investors have also bought and sold shares of VONV. Deane Retirement Strategies Inc. bought a new position in shares of Vanguard Russell 1000 Value in the 1st quarter worth approximately $26,000. Elevate Wealth Advisory Inc. purchased a new position in Vanguard Russell 1000 Value during the 4th quarter valued at about $27,000. ORG Partners LLC increased its position in Vanguard Russell 1000 Value by 922.2% during the 4th quarter. ORG Partners LLC now owns 460 shares of the company’s stock valued at $34,000 after purchasing an additional 415 shares during the period. Principal Securities Inc. bought a new stake in shares of Vanguard Russell 1000 Value in the 4th quarter valued at about $54,000. Finally, Financial Management Professionals Inc. acquired a new stake in Vanguard Russell 1000 Value in the 1st quarter worth approximately $67,000.

Vanguard Russell 1000 Value Stock Performance

VONV stock traded up $0.72 during trading on Wednesday, reaching $77.03. The company had a trading volume of 314,665 shares, compared to its average volume of 371,944. Vanguard Russell 1000 Value has a twelve month low of $62.92 and a twelve month high of $78.81. The firm has a 50-day simple moving average of $77.05 and a 200-day simple moving average of $75.49. The company has a market cap of $8.53 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were paid a dividend of $0.389 per share. This represents a $1.56 annualized dividend and a yield of 2.02%. This is a boost from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, June 27th.

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.