FSM Wealth Advisors Increases Stake in Vanguard Russell 1000 Value

FSM Wealth Advisors LLC has increased its investment in Vanguard Russell 1000 Value (NASDAQ:VONV - Free Report) by 6.1% during the third quarter, based on the latest submission to the SEC. After purchasing an additional 9,882 shares, the company now owns 171,879 shares of Vanguard Russell 1000 Value. This investment represents 3.8% of FSM Wealth Advisors' overall portfolio, ranking it as the seventh-largest position among their holdings. As of the latest SEC filing, FSM Wealth Advisors holds approximately 0.15% of Vanguard Russell 1000 Value, valued at about $14,323,000.

Other institutional investors have also been active in trading shares of Vanguard Russell 1000 Value. M3 Advisory Group LLC raised its stake by 0.7% in the same quarter, owning 19,320 shares worth $1,610,000 after adding 130 shares. Simplicity Wealth LLC boosted its investment by 2.6% in the second quarter, with 5,331 shares valued at $408,000 post-purchase of 135 shares. Similarly, Golden Road Advisors LLC increased its stake by 0.3%, owning 52,316 shares worth $4,359,000 after acquiring an additional 145 shares. Quotient Wealth Partners LLC and Cyndeo Wealth Partners LLC also expanded their positions by 3.8% and 2.0%, respectively, during the third quarter, increasing their total shares to 4,422 and 9,054, worth $368,000 and $754,000.

Vanguard Russell 1000 Value Price Overview

As of Tuesday, VONV shares opened at $82.30. Vanguard Russell 1000 Value boasts a market capitalization of $9.34 billion, a PE ratio of 17.49, and a beta of 0.95. The stock has experienced a 12-month low of $65.25 and a high of $85.04. Its 50-day moving average is recorded at $82.73, while the 200-day moving average stands at $79.42.

Dividend Increase Announcement

Vanguard Russell 1000 Value has also recently declared an increase in its quarterly dividend. The dividend, paid on September 30th, was set at $0.437 per share. This change from the previous dividend of $0.39 reflects an upward trend. The ex-dividend date was September 26th, marking a total annual dividend of $1.75, yielding a rate of 2.12%.

About Vanguard Russell 1000 Value ETF

The Vanguard Russell 1000 Value ETF (VONV) is designed to mirror the performance of the Russell 1000 Value Index. This ETF includes a selection of value stocks drawn from the largest U.S. companies. Launched on September 20, 2010, this fund is managed by Vanguard.

Investment Insights

Investors considering Vanguard Russell 1000 Value should be aware of its current rating, which suggests a "hold." Analysts have pointed out other stocks that they believe might offer better investment opportunities at this time.

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