Bridges Investment Management Inc. Buys Shares of 3,433 Vanguard Russell 1000 Value (NASDAQ:VONV)

Bridges Investment Management Inc. purchased a new stake in Vanguard Russell 1000 Value (NASDAQ:VONV) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,433 shares of the company’s stock, valued at approximately $263,000.

Several other hedge funds have also recently modified their holdings of the business. Deane Retirement Strategies Inc. bought a new position in Vanguard Russell 1000 Value in the first quarter worth approximately $26,000. Elevate Wealth Advisory Inc. purchased a new stake in shares of Vanguard Russell 1000 Value during the 4th quarter worth $27,000. Stuart Chaussee & Associates Inc. bought a new stake in Vanguard Russell 1000 Value during the first quarter valued at about $37,000. Beacon Capital Management LLC purchased a new position in Vanguard Russell 1000 Value in the first quarter valued at about $43,000. Finally, Financial Management Professionals Inc. bought a new position in Vanguard Russell 1000 Value in the first quarter worth about $67,000.

Vanguard Russell 1000 Value Stock Performance

NASDAQ:VONV opened at $82.84 on Monday. The company’s 50-day simple moving average is $80.20 and its 200-day simple moving average is $78.05. Vanguard Russell 1000 Value has a fifty-two week low of $62.92 and a fifty-two week high of $83.24. The stock has a market capitalization of $9.17 billion, a P/E ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were paid a $0.389 dividend. This represents a $1.56 annualized dividend and a yield of 1.88%. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, June 27th.

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.