Mutual Advisors LLC Lowers Stake in Vanguard Russell 1000 Value ETF $VONV

Mutual Advisors LLC reduced its holdings in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 15.0% during the 4th quarter, HoldingsChannel reports. The firm owned 68,109 shares of the company’s stock after selling 12,023 shares during the period. Mutual Advisors LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $6,286,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE grew its position in Vanguard Russell 1000 Value ETF by 3.0% during the 3rd quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock worth $2,544,908,000 after purchasing an additional 823,792 shares during the last quarter. Wellington Management Group LLP grew its position in Vanguard Russell 1000 Value ETF by 1,284.2% during the 3rd quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock worth $471,443,000 after purchasing an additional 4,894,074 shares during the last quarter. TIAA Trust National Association boosted its holdings in shares of Vanguard Russell 1000 Value ETF by 3.3% in the third quarter. TIAA Trust National Association now owns 4,545,391 shares of the company’s stock valued at $406,222,000 after acquiring an additional 144,549 shares in the last quarter. Phoenix Financial Ltd. purchased a new stake in shares of Vanguard Russell 1000 Value ETF in the third quarter valued at about $259,530,000. Finally, UBS Group AG boosted its holdings in shares of Vanguard Russell 1000 Value ETF by 1.8% in the third quarter. UBS Group AG now owns 2,750,558 shares of the company’s stock valued at $245,817,000 after acquiring an additional 48,051 shares in the last quarter.

Vanguard Russell 1000 Value ETF Stock Down 0.2%

Shares of NASDAQ:VONV opened at $101.25 on Friday. The company has a market cap of $18.06 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. The firm’s 50-day simple moving average is $96.75 and its 200-day simple moving average is $94.32. Vanguard Russell 1000 Value ETF has a fifty-two week low of $80.08 and a fifty-two week high of $101.88.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were issued a $0.4117 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $1.65 annualized dividend and a dividend yield of 1.6%.

Vanguard Russell 1000 Value ETF Company 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.