Allworth Financial LP Trims Stock Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

Allworth Financial LP cut its stake in Vanguard Russell 1000 Value (NASDAQ:VONV - Free Report) by 11.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 195,630 shares of the company's stock after selling 25,245 shares during the period. Allworth Financial LP owned about 0.18% of Vanguard Russell 1000 Value worth $14,191,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pinnacle Financial Partners Inc raised its holdings in shares of Vanguard Russell 1000 Value by 1.1% in the fourth quarter. Pinnacle Financial Partners Inc now owns 14,405 shares of the company's stock valued at $1,045,000 after buying an additional 157 shares during the last quarter. Allegiance Financial Group Advisory Services LLC raised its holdings in shares of Vanguard Russell 1000 Value by 0.6% in the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 26,650 shares of the company's stock valued at $1,933,000 after buying an additional 163 shares during the last quarter. Ancora Advisors LLC raised its holdings in shares of Vanguard Russell 1000 Value by 10.1% in the first quarter. Ancora Advisors LLC now owns 1,877 shares of the company's stock valued at $125,000 after buying an additional 172 shares during the last quarter. First Horizon Advisors Inc. raised its holdings in shares of Vanguard Russell 1000 Value by 1.2% in the third quarter. First Horizon Advisors Inc. now owns 15,979 shares of the company's stock valued at $1,065,000 after buying an additional 197 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of Vanguard Russell 1000 Value by 5.0% in the first quarter. Steward Partners Investment Advisory LLC now owns 4,304 shares of the company's stock valued at $288,000 after buying an additional 205 shares during the last quarter.

Vanguard Russell 1000 Value Price Performance

Shares of NASDAQ:VONV traded up $0.54 on Friday, reaching $77.60. The company's stock had a trading volume of 293,982 shares, compared to its average volume of 408,513. Vanguard Russell 1000 Value has a 52-week low of $62.92 and a 52-week high of $78.81. The stock's 50-day moving average is $75.46 and its two-hundred day moving average is $71.07. The stock has a market capitalization of $8.52 billion, a P/E ratio of 14.90 and a beta of 0.95.

Vanguard Russell 1000 Value Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.335 per share. The ex-dividend date was Thursday, March 21st. This represents a $1.34 dividend on an annualized basis and a dividend yield of 1.73%.

About Vanguard Russell 1000 Value

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.

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