First Horizon Advisors Inc. Purchases 1,229 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

First Horizon Advisors Inc. grew its holdings in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,208 shares of the company’s stock after buying an additional 1,229 shares during the quarter. First Horizon Advisors Inc.’s holdings in Vanguard Russell 1000 Value were worth $1,248,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Great Valley Advisor Group Inc. bought a new position in Vanguard Russell 1000 Value in the 4th quarter worth about $392,000. New York Life Investment Management LLC bought a new position in shares of Vanguard Russell 1000 Value during the 4th quarter worth $16,040,000. Andina Capital Management LLC purchased a new stake in Vanguard Russell 1000 Value in the fourth quarter worth about $1,601,000. Eagle Wealth Strategies LLC bought a new position in Vanguard Russell 1000 Value during the 4th quarter worth about $16,671,000. Finally, Truist Financial Corp increased its position in Vanguard Russell 1000 Value by 3.7% during the 4th quarter. Truist Financial Corp now owns 1,022,706 shares of the company’s stock valued at $74,187,000 after purchasing an additional 36,936 shares during the period.

Vanguard Russell 1000 Value Stock Performance

Shares of VONV opened at $75.99 on Friday. The company has a 50 day moving average price of $76.37 and a 200-day moving average price of $72.34. The stock has a market capitalization of $8.14 billion, a PE ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a fifty-two week low of $62.92 and a fifty-two week high of $78.81.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were issued a $0.335 dividend. This represents a $1.34 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date was Thursday, March 21st.

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.