FSM Wealth Advisors LLC Increases Stake in Vanguard Russell 1000 Value ETF

FSM Wealth Advisors LLC has increased its investment in Vanguard Russell 1000 Value (NASDAQ:VONV) by 6.1% during the third quarter, as reported in its latest filing with the SEC. This institutional investor now holds 171,879 shares of VONV after purchasing an additional 9,882 shares in that period. Vanguard Russell 1000 Value represents 3.8% of FSM Wealth Advisors LLC's overall portfolio, making it the firm's seventh largest investment. As per the latest records, FSM Wealth Advisors LLC's stake in Vanguard Russell 1000 Value is worth approximately $14,323,000, accounting for about 0.15% of the total shares outstanding.

In addition to FSM Wealth Advisors LLC, several other institutional investors have recently adjusted their positions in Vanguard Russell 1000 Value. For instance, M3 Advisory Group LLC increased its stake by 0.7% in the third quarter, resulting in ownership of 19,320 shares valued at $1,610,000 after acquiring an additional 130 shares. Similarly, Simplicity Wealth LLC raised its shareholding by 2.6% in the second quarter, now owning 5,331 shares worth $408,000, following the purchase of 135 extra shares. Golden Road Advisors LLC also added to its stake, growing it by 0.3% to a total of 52,316 shares valued at $4,359,000 after buying 145 more shares.

Meanwhile, Quotient Wealth Partners LLC expanded its position by 3.8% in the third quarter, owning 4,422 shares worth $368,000 after acquiring an extra 162 shares. Cyndeo Wealth Partners LLC also increased its stake by 2.0% in the same quarter, holding 9,054 shares valued at $754,000 after purchasing 179 additional shares.

Vanguard Russell 1000 Value Performance

The stock price of Vanguard Russell 1000 Value opened at $82.30 recently. This company has a market capitalization of $9.34 billion, with a price-to-earnings (PE) ratio of 17.49 and a beta of 0.95, indicating its volatility relative to the market. Over the past year, Vanguard Russell 1000 Value has experienced a low of $65.25 and a high of $85.04. Currently, its 50-day moving average rests at $82.73, while the 200-day moving average is at $79.42.

Dividend Increase Announced

In a recent announcement, Vanguard Russell 1000 Value declared a quarterly dividend, which was distributed on September 30. Shareholders recorded as of September 26 were entitled to a dividend of $0.437 per share, which reflects an increase from the prior dividend of $0.39. This new distribution translates to an annual dividend of $1.75 and an impressive yield of 2.12%.

Vanguard Russell 1000 Value Overview

The Vanguard Russell 1000 Value ETF (VONV) is designed to track the Russell 1000 Value Index, which includes a selection of value stocks from the largest 1,000 publicly traded companies in the United States. Launched on September 20, 2010, the ETF is managed by Vanguard, a reputable investment management company known for its extensive range of funds.

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