B. Riley Wealth Advisors Inc. Has $1.53 Million Stock Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

B. Riley Wealth Advisors Inc. increased its stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 2.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,459 shares of the company’s stock after buying an additional 507 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Vanguard Russell 1000 Value were worth $1,530,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Pinnacle Associates Ltd. acquired a new position in Vanguard Russell 1000 Value during the 4th quarter valued at about $488,000. Pinnacle Financial Partners Inc lifted its position 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 purchasing an additional 157 shares during the period. DAVENPORT & Co LLC lifted its position in Vanguard Russell 1000 Value by 3,080.4% during the 4th quarter. DAVENPORT & Co LLC now owns 153,075 shares of the company’s stock valued at $11,104,000 after purchasing an additional 148,262 shares during the period. International Assets Investment Management LLC lifted its position in Vanguard Russell 1000 Value by 6,263.1% during the 4th quarter. International Assets Investment Management LLC now owns 87,556 shares of the company’s stock valued at $6,351,000 after purchasing an additional 86,180 shares during the period. Finally, Tritonpoint Wealth LLC acquired a new position in Vanguard Russell 1000 Value during the 4th quarter valued at about $269,000.

Vanguard Russell 1000 Value Price Performance

Shares of VONV stock opened at $80.42 on Thursday. The stock has a market cap of $8.91 billion, a PE ratio of 17.49 and a beta of 0.95. The stock has a 50-day moving average of $77.54 and a 200-day moving average of $76.19. Vanguard Russell 1000 Value has a one year low of $62.92 and a one year high of $81.10.

Vanguard Russell 1000 Value Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were paid a $0.389 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This is a boost from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.93%.

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.