Sequoia Financial Advisors LLC Trims Stock Holdings in Vanguard Russell 1000 Value ETF $VONV

Sequoia Financial Advisors LLC reduced its stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 3.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 374,185 shares of the company’s stock after selling 12,021 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $35,076,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VONV. Relyea Zuckerberg Hanson LLC raised its stake in Vanguard Russell 1000 Value ETF by 7.1% during the 1st quarter. Relyea Zuckerberg Hanson LLC now owns 48,456 shares of the company’s stock worth $4,542,000 after acquiring an additional 3,219 shares during the period. Hegarty Advisors LLC increased its stake in shares of Vanguard Russell 1000 Value ETF by 1.7% in the first quarter. Hegarty Advisors LLC now owns 49,628 shares of the company’s stock worth $4,652,000 after purchasing an additional 842 shares in the last quarter. First Horizon Corp increased its stake in shares of Vanguard Russell 1000 Value ETF by 3.8% in the first quarter. First Horizon Corp now owns 14,195 shares of the company’s stock worth $1,331,000 after purchasing an additional 524 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of Vanguard Russell 1000 Value ETF by 15.2% during the 1st quarter. Kestra Advisory Services LLC now owns 148,142 shares of the company’s stock valued at $13,887,000 after purchasing an additional 19,583 shares during the period. Finally, Money Concepts Capital Corp raised its position in shares of Vanguard Russell 1000 Value ETF by 9.6% during the 1st quarter. Money Concepts Capital Corp now owns 27,373 shares of the company’s stock valued at $2,566,000 after purchasing an additional 2,399 shares during the period.

Vanguard Russell 1000 Value ETF Stock Performance

Shares of Vanguard Russell 1000 Value ETF stock traded up $0.21 during trading hours on Friday, hitting $108.27. The company’s stock had a trading volume of 419,390 shares, compared to its average volume of 1,327,772. The company has a market cap of $20.29 billion, a PE ratio of 19.46 and a beta of 0.84. The business has a 50 day moving average price of $104.92 and a two-hundred day moving average price of $99.28. Vanguard Russell 1000 Value ETF has a 12-month low of $84.13 and a 12-month high of $109.34.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a $0.4102 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.64 dividend on an annualized basis and a yield of 1.5%.

Vanguard Russell 1000 Value ETF 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.