Indiana Trust & Investment Management CO Trims Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

Indiana Trust & Investment Management CO decreased its position in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 2.8% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,407 shares of the company’s stock after selling 275 shares during the quarter. Indiana Trust & Investment Management CO’s holdings in Vanguard Russell 1000 Value were worth $740,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Pinnacle Financial Partners Inc boosted its position in shares of Vanguard Russell 1000 Value by 1.1% during the fourth quarter. Pinnacle Financial Partners Inc now owns 14,405 shares of the company’s stock worth $1,045,000 after acquiring an additional 157 shares during the last quarter. Allegiance Financial Group Advisory Services LLC increased 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 worth $1,933,000 after purchasing an additional 163 shares during the last quarter. Bleakley Financial Group LLC lifted its position in shares of Vanguard Russell 1000 Value by 6.1% in the fourth quarter. Bleakley Financial Group LLC now owns 5,129 shares of the company’s stock worth $372,000 after buying an additional 293 shares in the last quarter. Simplicity Solutions LLC boosted its stake in Vanguard Russell 1000 Value by 6.1% during the fourth quarter. Simplicity Solutions LLC now owns 5,129 shares of the company’s stock valued at $372,000 after buying an additional 293 shares during the last quarter. Finally, RMR Wealth Builders grew its holdings in Vanguard Russell 1000 Value by 6.0% during the 4th quarter. RMR Wealth Builders now owns 5,529 shares of the company’s stock valued at $401,000 after buying an additional 313 shares in the last quarter.

Vanguard Russell 1000 Value Stock Performance

Shares of VONV traded up $0.08 during mid-day trading on Friday, hitting $76.57. 413,787 shares of the stock were exchanged, compared to its average volume of 375,361. The company has a market cap of $8.20 billion, a PE ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 52-week low of $62.92 and a 52-week high of $78.81. The firm has a 50-day moving average of $76.93 and a two-hundred day moving average of $75.16.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Thursday, June 27th will be paid a dividend of $0.389 per share. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $1.56 dividend on an annualized basis and a yield of 2.03%.

Vanguard Russell 1000 Value 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.