Allspring Global Investments Holdings LLC reduced its stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV – Free Report) by 98.6% in the first quarter, HoldingsChannel reports. The firm owned 1,266 shares of the company after selling 86,215 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Vanguard Russell 1000 Value were worth $100,000, according to its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently added to or reduced their holdings of VONV. UBS Group AG increased its stake in Vanguard Russell 1000 Value by 27.2% in the fourth quarter. UBS Group AG now owns 2,616,087 shares of the company’s stock valued at $189,771,000 after acquiring an additional 558,711 shares in the last quarter. Raymond James & Associates increased its stake in shares of Vanguard Russell 1000 Value by 64.7% in the first quarter. Raymond James & Associates now owns 669,084 shares of the company’s stock valued at $52,617,000 after acquiring an additional 262,946 shares in the last quarter. Eagle Wealth Strategies LLC acquired a new stake in shares of Vanguard Russell 1000 Value in the fourth quarter valued at $16,671,000. New York Life Investment Management LLC acquired a new stake in shares of Vanguard Russell 1000 Value in the fourth quarter valued at $16,040,000. Finally, Verdence Capital Advisors LLC increased its stake in shares of Vanguard Russell 1000 Value by 120.1% in the fourth quarter. Verdence Capital Advisors LLC now owns 298,790 shares of the company’s stock valued at $21,674,000 after acquiring an additional 163,058 shares in the last quarter.
Vanguard Russell 1000 Value trading up 0.7%
Vanguard Russell 1000 Value shares opened at $78.39 on Friday. The company’s 50-day moving average is $77.15 and its 200-day moving average is $75.55. The company has a market cap of $8.68 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 1-year low of $62.92 and a 1-year high of $78.81.
Vanguard Russell 1000 Value increases dividend
The company also recently announced a quarterly dividend, which was paid on Monday, July 1. Shareholders of record on Thursday, June 27th were given a dividend of $0.389. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, June 27th. This represents an annualized dividend of $1.56 and a dividend yield of 1.98%.
Vanguard Russell 1000 Value Company Profile
(Free report)
The Vanguard Russell 1000 Value ETF (VONV) is an exchange-traded fund based on the Russell 1000 Value Index. The fund tracks an index of value stocks selected from the 1,000 largest U.S. companies. VONV was launched on September 20, 2010 and is managed by Vanguard.
Further information
Want to see which other hedge funds hold VONV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Russell 1000 Value (NASDAQ:VONV – Free Report).
Get daily news and reviews on Vanguard Russell 1000 Value – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Vanguard Russell 1000 Value and related companies with MarketBeat.com’s FREE daily email newsletter.
