Bernardo Wealth Planning LLC Increases Stake in Vanguard Russell 1000 Value

Bernardo Wealth Planning LLC has ramped up its investment in Vanguard Russell 1000 Value (NASDAQ:VONV - Free Report) by 17.1% during the third quarter, according to a recent filing with the SEC. After acquiring an additional 44,729 shares, the firm now holds 306,819 shares of the ETF. This position represents approximately 6.3% of Bernardo Wealth Planning LLC's overall investment portfolio, making VONV its fourth-largest holding. As of the latest SEC filing, Bernardo Wealth Planning LLC's stake in Vanguard Russell 1000 Value is valued at around $26,009,000, which accounts for roughly 0.27% of the ETF's total shares.

Several other institutional investors have also made adjustments to their holdings in VONV recently. Notably, TIAA Trust National Association increased its stake in Vanguard Russell 1000 Value by 7.9% in the first quarter, now owning 3,650,462 shares worth $287,072,000 after purchasing 268,303 additional shares. Similarly, Cetera Investment Advisers raised its position by 185.1% during the same period, now holding 288,015 shares valued at $22,649,000 after acquiring 186,989 shares. Additionally, Commonwealth Equity Services LLC added 13.4% to its stake in the second quarter, owning 1,264,952 shares worth $96,857,000 following its purchase of 149,680 shares. In another notable move, Raymond James & Associates increased its holdings by 19.8% in the third quarter, now owning 902,596 shares valued at $75,213,000 after purchasing 149,035 shares. Lastly, Deane Retirement Strategies Inc. made a significant increase of 33,848.1% in the third quarter, owning 115,763 shares worth $9,645,000 after acquiring an additional 115,422 shares.

Vanguard Russell 1000 Value Stock Performance

The stock for Vanguard Russell 1000 Value opened at $85.00 on the last trading session. Over the past year, shares have reached a low of $62.92 and a high of $85.04. Currently, the company has a market capitalization of $9.65 billion, a price-to-earnings ratio of 17.49, and a beta of 0.95. The stock's 50-day moving average price stands at $82.03, while the 200-day moving average price is at $78.90.

Recent Dividend Announcement

Additionally, Vanguard Russell 1000 Value recently announced a quarterly dividend, which was disbursed on Monday, September 30th. Shareholders on record as of Thursday, September 26th received a dividend of $0.437. This brings the annualized dividend to $1.75, yielding approximately 2.06%. This marks an increase from the previous quarterly dividend of $0.39, with the ex-dividend date being also set for Thursday, September 26th.

About Vanguard Russell 1000 Value ETF

The Vanguard Russell 1000 Value ETF (VONV) is an exchange-traded fund that aims to track the performance of the Russell 1000 Value Index. This index includes a selection of value stocks from the largest 1,000 companies in the U.S. VONV was launched on September 20, 2010, and is managed by Vanguard.

Investing, ETFs, Finance