Waverly Advisors LLC Reduces Stock Position in Vanguard Russell 1000 (NASDAQ:VONE)

Waverly Advisors LLC trimmed its stake in shares of Vanguard Russell 1000 (NASDAQ:VONE - Free Report) by 2.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 301,309 shares of the company's stock after selling 7,036 shares during the period. Vanguard Russell 1000 makes up 1.2% of Waverly Advisors LLC's investment portfolio, making the stock its 12th largest holding. Waverly Advisors LLC owned 1.49% of Vanguard Russell 1000 worth $80,365,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in VONE. Bank of America Corp DE grew its position in Vanguard Russell 1000 by 63.9% in the 4th quarter. Bank of America Corp DE now owns 639,300 shares of the company's stock worth $170,514,000 after purchasing an additional 249,163 shares during the period. Stifel Financial Corp boosted its stake in shares of Vanguard Russell 1000 by 7.7% in the 4th quarter. Stifel Financial Corp now owns 353,423 shares of the company's stock worth $94,267,000 after buying an additional 25,128 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Russell 1000 in the fourth quarter worth $72,938,000. Envestnet Asset Management Inc. increased its position in Vanguard Russell 1000 by 4.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 242,244 shares of the company's stock valued at $64,611,000 after acquiring an additional 10,315 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in Vanguard Russell 1000 by 36.0% during the fourth quarter. Wells Fargo & Company MN now owns 226,226 shares of the company's stock valued at $60,339,000 after acquiring an additional 59,898 shares during the last quarter.

Vanguard Russell 1000 Stock Performance

Shares of NASDAQ:VONE opened at $270.69 on Tuesday. The stock's 50-day simple moving average is $250.94 and its two-hundred day simple moving average is $264.15. The stock has a market capitalization of $5.64 billion, a price-to-earnings ratio of 24.41 and a beta of 1.02. Vanguard Russell 1000 has a 52-week low of $218.75 and a 52-week high of $279.48.

Vanguard Russell 1000 Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.7943 dividend. This represents a $3.18 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date was Tuesday, March 25th.

Vanguard Russell 1000 Profile

The Vanguard Russell 1000 ETF (VONE) is an exchange-traded fund that is based on the Russell 1000 index, a market-cap-weighted index of the 1000 largest US companies. VONE was launched on Sep 20, 2010 and is managed by Vanguard.

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