Vanguard Russell 1000 Value (NASDAQ:VONV) Shares Purchased by Corundum Group Inc.

Corundum Group Inc. raised its position in Vanguard Russell 1000 Value (NASDAQ:VONV) by 42.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 41,304 shares of the company’s stock after purchasing an additional 12,377 shares during the period. Vanguard Russell 1000 Value comprises approximately 1.6% of Corundum Group Inc.’s portfolio, making the stock its 14th biggest holding. Corundum Group Inc.’s holdings in Vanguard Russell 1000 Value were worth $3,248,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in VONV. Pinnacle Financial Partners Inc grew its holdings in Vanguard Russell 1000 Value by 1.1% during the 4th quarter. Pinnacle Financial Partners Inc now owns 14,405 shares of the company’s stock valued at $1,045,000 after buying an additional 157 shares during the last quarter. Allegiance Financial Group Advisory Services LLC boosted its stake in shares of Vanguard Russell 1000 Value by 0.6% during the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 26,650 shares of the company’s stock valued at $1,933,000 after acquiring an additional 163 shares during the last quarter. Bleakley Financial Group LLC increased its position in Vanguard Russell 1000 Value by 6.1% during the 4th quarter. Bleakley Financial Group LLC now owns 5,129 shares of the company’s stock worth $372,000 after purchasing an additional 293 shares in the last quarter. Simplicity Solutions LLC raised its stake in Vanguard Russell 1000 Value by 6.1% in the 4th quarter. Simplicity Solutions LLC now owns 5,129 shares of the company’s stock valued at $372,000 after purchasing an additional 293 shares during the last quarter. Finally, RMR Wealth Builders lifted its holdings in Vanguard Russell 1000 Value by 6.0% in the 4th quarter. RMR Wealth Builders now owns 5,529 shares of the company’s stock valued at $401,000 after purchasing an additional 313 shares in the last quarter.

Vanguard Russell 1000 Value Stock Performance

NASDAQ VONV traded down $0.40 during trading hours on Thursday, hitting $76.46. 10,475 shares of the company’s stock were exchanged, compared to its average volume of 373,175. The business’s 50 day moving average is $76.89 and its 200-day moving average is $75.15. Vanguard Russell 1000 Value has a 12-month low of $62.92 and a 12-month high of $78.81. The firm has a market capitalization of $8.19 billion, a P/E ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Thursday, June 27th will be issued a $0.389 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.04%. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. The ex-dividend date is 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.