M3 Advisory Group LLC Grows Stock Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

by · The Cerbat Gem

M3 Advisory Group LLC raised its holdings in shares of Vanguard Russell 1000 Value (NASDAQ:VONVFree Report) by 0.7% in the third quarter, HoldingsChannel reports. The firm owned 19,320 shares of the company’s stock after buying an additional 130 shares during the quarter. Vanguard Russell 1000 Value makes up 1.2% of M3 Advisory Group LLC’s investment portfolio, making the stock its 21st biggest position. M3 Advisory Group LLC’s holdings in Vanguard Russell 1000 Value were worth $1,610,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. TIAA Trust National Association lifted its stake in Vanguard Russell 1000 Value by 3.9% in the second quarter. TIAA Trust National Association now owns 3,793,357 shares of the company’s stock worth $290,457,000 after acquiring an additional 142,895 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of Vanguard Russell 1000 Value by 13.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,264,952 shares of the company’s stock worth $96,857,000 after purchasing an additional 149,680 shares during the period. LPL Financial LLC increased its position in shares of Vanguard Russell 1000 Value by 4.4% during the second quarter. LPL Financial LLC now owns 1,207,687 shares of the company’s stock valued at $92,473,000 after buying an additional 50,753 shares during the period. Truist Financial Corp raised its stake in Vanguard Russell 1000 Value by 2.1% in the second quarter. Truist Financial Corp now owns 1,043,887 shares of the company’s stock worth $79,930,000 after buying an additional 21,238 shares in the last quarter. Finally, Raymond James & Associates boosted its position in Vanguard Russell 1000 Value by 12.6% during the 2nd quarter. Raymond James & Associates now owns 753,561 shares of the company’s stock valued at $57,700,000 after acquiring an additional 84,477 shares in the last quarter.

Vanguard Russell 1000 Value Stock Down 0.2 %

Shares of NASDAQ:VONV traded down $0.17 during trading on Friday, hitting $84.60. The stock had a trading volume of 44,693 shares, compared to its average volume of 346,743. The firm’s fifty day moving average is $81.89 and its 200 day moving average is $78.86. The company has a market capitalization of $9.60 billion, a PE ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 12 month low of $62.92 and a 12 month high of $85.00.

Vanguard Russell 1000 Value Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.437 dividend. This represents a $1.75 annualized dividend and a dividend yield of 2.07%. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39.

Vanguard Russell 1000 Value Profile

(Free Report)

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.

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