M3 Advisory Group LLC Has $1.61 Million Stake in Vanguard Russell 1000 Value (NASDAQ:VONV)

M3 Advisory Group LLC grew its holdings in Vanguard Russell 1000 Value (NASDAQ:VONV) by 0.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,320 shares of the company’s stock after purchasing an additional 130 shares during the quarter. Vanguard Russell 1000 Value comprises about 1.2% of M3 Advisory Group LLC’s investment portfolio, making the stock its 21st largest position. M3 Advisory Group LLC’s holdings in Vanguard Russell 1000 Value were worth $1,610,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VONV. TIAA Trust National Association lifted its stake in Vanguard Russell 1000 Value by 3.9% in the 2nd quarter. TIAA Trust National Association now owns 3,793,357 shares of the company’s stock valued at $290,457,000 after purchasing an additional 142,895 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Vanguard Russell 1000 Value by 13.4% during the second quarter. Commonwealth Equity Services LLC now owns 1,264,952 shares of the company’s stock worth $96,857,000 after acquiring an additional 149,680 shares in the last quarter. LPL Financial LLC increased its position in shares of Vanguard Russell 1000 Value by 4.4% during the second quarter. LPL Financial LLC now owns 1,207,687 shares of the company’s stock valued at $92,473,000 after acquiring an additional 50,753 shares during the last quarter. Truist Financial Corp lifted its holdings in Vanguard Russell 1000 Value by 2.1% during the second quarter. Truist Financial Corp now owns 1,043,887 shares of the company’s stock valued at $79,930,000 after purchasing an additional 21,238 shares during the last quarter. Finally, Raymond James & Associates raised 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 valued at $57,700,000 after purchasing an additional 84,477 shares in the last quarter.

Vanguard Russell 1000 Value Stock Performance

Shares of VONV traded down $0.17 on Friday, reaching $84.60. The stock had a trading volume of 44,693 shares, compared to its average volume of 346,743. The company has a 50-day simple moving average of $81.89 and a 200-day simple moving average of $78.86. The firm has a market capitalization of $9.60 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 12-month low of $62.92 and a 12-month high of $85.00.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.437 dividend. This represents a $1.75 annualized dividend and a yield of 2.07%. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. The ex-dividend date was Thursday, September 26th.

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.