Private Advisor Group LLC Increases Stake in Vanguard Russell 1000 Value ETF

Private Advisor Group LLC has recently expanded its investment in the Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 10.1% during the third quarter, according to their latest submission to the Securities and Exchange Commission. Following the purchase of an additional 8,924 shares in the quarter, the institutional investor now holds a total of 97,715 shares of the ETF.

Vanguard Russell 1000 Value's value is approximately $8,143,000 based on the company’s latest filings. This ownership represents around 0.09% of the entire Vanguard Russell 1000 Value ETF.

Other institutional investors have also made changes to their holdings in Vanguard Russell 1000 Value. For instance, TIAA Trust National Association increased its position by 7.9% in the first quarter, now owning 3,650,462 shares valued at roughly $287,072,000 after adding 268,303 shares.

Cetera Investment Advisers made a significant increase in their stake by 185.1% during the first quarter, resulting in ownership of 288,015 shares worth about $22,649,000 following an acquisition of 186,989 shares.

Additionally, Commonwealth Equity Services LLC increased its holdings by 13.4% during the second quarter, now controlling 1,264,952 shares valued at approximately $96,857,000 after buying an extra 149,680 shares.

Raymond James & Associates also lifted their investment by 19.8% in the third quarter, owning 902,596 shares worth $75,213,000 after adding 149,035 shares.

Furthermore, Deane Retirement Strategies Inc. made a remarkable increase in its investment of 33,848.1% during the third quarter, bringing its total to 115,763 shares worth approximately $9,645,000 after acquiring an additional 115,422 shares.

Performance Overview of Vanguard Russell 1000 Value

The Vanguard Russell 1000 Value ETF opened at $83.04 on the most recent trading day. The ETF's stock has a 52-week low of $62.92 and a high of $85.04. With a market capitalization of $9.43 billion, it exhibits a PE ratio of 17.49 and a beta of 0.95. Its 50-day simple moving average stands at $82.51, while the 200-day simple moving average is $79.12.

Dividend Declaration by Vanguard Russell 1000 Value

Recently, Vanguard Russell 1000 Value announced its quarterly dividend. This dividend, which amounted to $0.437, was paid on September 30th to shareholders who were on record as of September 26th. This marks an increase from the previous quarterly dividend of $0.39, thus representing an annualized dividend of $1.75 and a yield of 2.11%. The ex-dividend date was also noted as September 26th.

About Vanguard Russell 1000 Value

The Vanguard Russell 1000 Value ETF (VONV) is an exchange-traded fund that tracks the Russell 1000 Value Index. This index is composed of value stocks sourced from the largest 1,000 companies in the US. The fund has been managed by Vanguard since it was established on September 20, 2010.

Investment, Stocks, Funds