Goelzer Investment Management Inc. Purchases New Stake in Vanguard Russell 1000 Value (NASDAQ:VONV)

Goelzer Investment Management Inc. acquired a new position in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,663 shares of the company’s stock, valued at approximately $222,000.

A number of other hedge funds have also recently bought and sold shares of the company. Deane Retirement Strategies Inc. bought a new stake in shares of Vanguard Russell 1000 Value in the first quarter valued at $26,000. Elevate Wealth Advisory Inc. purchased a new stake in Vanguard Russell 1000 Value during the 4th quarter valued at about $27,000. Stuart Chaussee & Associates Inc. purchased a new stake in shares of Vanguard Russell 1000 Value during the first quarter worth about $37,000. Beacon Capital Management LLC bought a new position in Vanguard Russell 1000 Value in the 1st quarter worth $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 Price Performance

NASDAQ:VONV opened at $83.18 on Friday. Vanguard Russell 1000 Value has a 1-year low of $62.92 and a 1-year high of $83.53. The firm’s 50-day moving average price is $80.94 and its 200-day moving average price is $78.49. The company has a market capitalization of $9.44 billion, a PE ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.437 per share. This represents a $1.75 annualized dividend and a yield of 2.10%. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Thursday, September 26th.

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.