Corundum Group Inc. Acquires 22,868 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Corundum Group Inc. boosted its holdings in Vanguard Russell 1000 Value (NASDAQ:VONV) by 55.4% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 64,172 shares of the company’s stock after acquiring an additional 22,868 shares during the quarter. Vanguard Russell 1000 Value accounts for about 1.9% of Corundum Group Inc.’s investment portfolio, making the stock its 15th largest position. Corundum Group Inc. owned 0.06% of Vanguard Russell 1000 Value worth $4,914,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Macroview Investment Management LLC lifted its holdings in shares of Vanguard Russell 1000 Value by 947.7% during the 4th quarter. Macroview Investment Management LLC now owns 11,954 shares of the company’s stock worth $867,000 after acquiring an additional 10,813 shares during the last quarter. UBS Group AG lifted its stake in Vanguard Russell 1000 Value by 27.2% during the fourth quarter. UBS Group AG now owns 2,616,087 shares of the company’s stock worth $189,771,000 after purchasing an additional 558,711 shares during the last quarter. Carolinas Wealth Consulting LLC boosted its holdings in shares of Vanguard Russell 1000 Value by 10.0% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 269,681 shares of the company’s stock worth $19,563,000 after purchasing an additional 24,467 shares in the last quarter. New York Life Investment Management LLC bought a new position in shares of Vanguard Russell 1000 Value during the 4th quarter valued at about $16,040,000. Finally, Commerce Bank increased its position in shares of Vanguard Russell 1000 Value by 40.5% during the 4th quarter. Commerce Bank now owns 116,010 shares of the company’s stock valued at $8,415,000 after purchasing an additional 33,461 shares during the last quarter.

Vanguard Russell 1000 Value Stock Up 1.3 %

Shares of Vanguard Russell 1000 Value stock traded up $1.03 during trading on Thursday, reaching $79.79. The company’s stock had a trading volume of 309,908 shares, compared to its average volume of 358,320. Vanguard Russell 1000 Value has a 52-week low of $62.92 and a 52-week high of $81.10. The firm’s 50-day moving average is $77.79 and its two-hundred day moving average is $76.66. The company has a market cap of $8.84 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were given a dividend of $0.389 per share. This represents a $1.56 annualized dividend and a yield of 1.95%. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, June 27th.

Vanguard Russell 1000 Value Company 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.