Simplicity Wealth LLC Buys Shares of 5,196 Vanguard Russell 1000 Value (NASDAQ:VONV)

Simplicity Wealth LLC acquired a new position in Vanguard Russell 1000 Value (NASDAQ:VONV) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 5,196 shares of the company’s stock, valued at approximately $409,000.

A number of other institutional investors have also made changes to their positions in VONV. Pinnacle Financial Partners Inc grew its position in Vanguard Russell 1000 Value by 1.1% during the fourth quarter. Pinnacle Financial Partners Inc now owns 14,405 shares of the company’s stock worth $1,045,000 after buying an additional 157 shares in the last quarter. Allegiance Financial Group Advisory Services LLC grew its position in 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 worth $1,933,000 after buying an additional 163 shares in the last quarter. Western Wealth Management LLC grew its position in Vanguard Russell 1000 Value by 5.1% during the third quarter. Western Wealth Management LLC now owns 4,249 shares of the company’s stock worth $283,000 after buying an additional 206 shares in the last quarter. Bleakley Financial Group LLC grew its position in Vanguard Russell 1000 Value by 6.1% during the fourth quarter. Bleakley Financial Group LLC now owns 5,129 shares of the company’s stock worth $372,000 after buying an additional 293 shares in the last quarter. Finally, Simplicity Solutions LLC grew its position in Vanguard Russell 1000 Value by 6.1% during the fourth quarter. Simplicity Solutions LLC now owns 5,129 shares of the company’s stock worth $372,000 after buying an additional 293 shares in the last quarter.

Vanguard Russell 1000 Value Stock Performance

NASDAQ VONV traded down $0.21 during trading on Wednesday, reaching $78.23. 202,981 shares of the company traded hands, compared to its average volume of 370,835. The stock’s 50 day moving average price is $76.88 and its two-hundred day moving average price is $73.57. The company has a market cap of $8.38 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 1-year low of $62.92 and a 1-year high of $78.81.

Vanguard Russell 1000 Value Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.335 per share. This represents a $1.34 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend was Thursday, March 21st.

About Vanguard Russell 1000 Value

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.