Strategic Financial Concepts LLC Makes New Investment in Vanguard Russell 1000 Value (NASDAQ:VONV)

Strategic Financial Concepts LLC bought a new stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) in the fourth quarter, Holdings Channel reports. The fund bought 101,806 shares of the company’s stock, valued at approximately $8,272,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC raised its stake in Vanguard Russell 1000 Value by 1.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,750,963 shares of the company’s stock valued at $145,908,000 after purchasing an additional 21,177 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Russell 1000 Value by 18.7% in the third quarter. LPL Financial LLC now owns 1,434,011 shares of the company’s stock worth $119,496,000 after buying an additional 226,324 shares in the last quarter. Citigroup Inc. boosted its position in Vanguard Russell 1000 Value by 2.3% during the third quarter. Citigroup Inc. now owns 1,140,495 shares of the company’s stock worth $95,037,000 after acquiring an additional 25,252 shares during the last quarter. Pathstone Holdings LLC grew its stake in Vanguard Russell 1000 Value by 0.9% during the 3rd quarter. Pathstone Holdings LLC now owns 908,895 shares of the company’s stock valued at $75,738,000 after acquiring an additional 7,892 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in Vanguard Russell 1000 Value by 19.8% in the 3rd quarter. Raymond James & Associates now owns 902,596 shares of the company’s stock valued at $75,213,000 after acquiring an additional 149,035 shares during the last quarter.

Vanguard Russell 1000 Value Price Performance

Shares of Vanguard Russell 1000 Value stock opened at $85.37 on Friday. The stock’s 50 day simple moving average is $83.48 and its 200-day simple moving average is $83.08. The stock has a market cap of $10.43 billion, a P/E ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 1-year low of $73.50 and a 1-year high of $87.97.

Vanguard Russell 1000 Value Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were issued a $0.437 dividend. The ex-dividend date was Monday, December 23rd.

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.