SCS Capital Management LLC Cuts Holdings in Vanguard Russell 1000 Value ETF $VONV

SCS Capital Management LLC cut its position in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 28.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,035 shares of the company’s stock after selling 4,815 shares during the quarter. SCS Capital Management LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $1,111,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE lifted its position in shares of 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 buying an additional 823,792 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of 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 buying an additional 4,894,074 shares in the last quarter. TIAA Trust National Association lifted its position in shares of Vanguard Russell 1000 Value ETF by 3.3% during the 3rd quarter. TIAA Trust National Association now owns 4,545,391 shares of the company’s stock worth $406,222,000 after buying an additional 144,549 shares in the last quarter. Valpey Financial Services LLC lifted its position in shares of Vanguard Russell 1000 Value ETF by 9,192.2% during the 4th quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock worth $319,226,000 after buying an additional 3,421,345 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of Vanguard Russell 1000 Value ETF by 1.8% during the 3rd quarter. UBS Group AG now owns 2,750,558 shares of the company’s stock worth $245,817,000 after buying an additional 48,051 shares in the last quarter.

Vanguard Russell 1000 Value ETF Stock Down 0.2%

Vanguard Russell 1000 Value ETF stock opened at $104.19 on Tuesday. Vanguard Russell 1000 Value ETF has a 52 week low of $81.93 and a 52 week high of $104.81. The company’s 50 day moving average price is $99.31 and its two-hundred day moving average price is $96.26. The stock has a market cap of $18.59 billion, a P/E ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were given a dividend of $0.4117 per share. 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.