EverSource Wealth Advisors LLC Purchases 7,889 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

EverSource Wealth Advisors LLC boosted its holdings in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 77.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,081 shares of the company’s stock after acquiring an additional 7,889 shares during the period. EverSource Wealth Advisors LLC’s holdings in Vanguard Russell 1000 Value were worth $1,454,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Deane Retirement Strategies Inc. acquired a new stake in Vanguard Russell 1000 Value in the 1st quarter valued at approximately $26,000. Elevate Wealth Advisory Inc. bought a new stake in shares of Vanguard Russell 1000 Value in the fourth quarter worth $27,000. Stuart Chaussee & Associates Inc. bought a new position in Vanguard Russell 1000 Value in the first quarter valued at $37,000. Beacon Capital Management LLC acquired a new stake in Vanguard Russell 1000 Value in the 1st quarter valued at $43,000. Finally, Financial Management Professionals Inc. bought a new stake in Vanguard Russell 1000 Value during the 1st quarter worth about $67,000.

Vanguard Russell 1000 Value Price Performance

Shares of NASDAQ VONV opened at $82.84 on Monday. The business has a 50-day moving average of $80.20 and a 200-day moving average of $78.05. The stock has a market capitalization of $9.17 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a fifty-two week low of $62.92 and a fifty-two week high of $83.24.

Vanguard Russell 1000 Value Increases Dividend

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

Vanguard Russell 1000 Value Profile

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.