Lido Advisors LLC Cuts Stock Holdings in Vanguard Russell 1000 Value ETF $VONV

Lido Advisors LLC trimmed its holdings in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 13.7% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 279,083 shares of the company’s stock after selling 44,435 shares during the period. Lido Advisors LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $26,161,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Wellington Management Group LLP lifted its holdings in Vanguard Russell 1000 Value ETF by 1,284.2% in the third quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock valued at $471,443,000 after acquiring an additional 4,894,074 shares during the period. Bank of America Corp DE grew its stake in shares of Vanguard Russell 1000 Value ETF by 14.7% during the 2nd quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock worth $2,356,252,000 after purchasing an additional 3,543,885 shares during the period. Valpey Financial Services LLC increased its holdings in shares of Vanguard Russell 1000 Value ETF by 9,192.2% in the 4th quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock valued at $319,226,000 after purchasing an additional 3,421,345 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Vanguard Russell 1000 Value ETF by 227.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,684,203 shares of the company’s stock valued at $247,752,000 after purchasing an additional 1,865,509 shares in the last quarter. Finally, OpenArc Corporate Advisory LLC acquired a new stake in shares of Vanguard Russell 1000 Value ETF in the fourth quarter valued at about $135,878,000.

Vanguard Russell 1000 Value ETF Trading Up 0.0%

Shares of Vanguard Russell 1000 Value ETF stock opened at $108.52 on Thursday. The company has a 50-day moving average of $105.91 and a two-hundred day moving average of $100.21. Vanguard Russell 1000 Value ETF has a 12-month low of $84.13 and a 12-month high of $109.85. The stock has a market cap of $20.34 billion, a PE ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

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.