Vanguard Russell 1000 Value (NASDAQ:VONV) Stock Position Trimmed by Brand Asset Management Group Inc.

Brand Asset Management Group Inc. lowered its holdings in Vanguard Russell 1000 Value (NASDAQ:VONV) by 1.9% during the fourth quarter, Holdings Channel reports. The fund owned 102,000 shares of the company’s stock after selling 1,932 shares during the quarter. Vanguard Russell 1000 Value makes up 3.4% of Brand Asset Management Group Inc.’s holdings, making the stock its 9th largest holding. Brand Asset Management Group Inc.’s holdings in Vanguard Russell 1000 Value were worth $8,287,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Relyea Zuckerberg Hanson LLC increased its position in shares of Vanguard Russell 1000 Value by 4.3% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 21,354 shares of the company’s stock worth $1,735,000 after purchasing an additional 877 shares during the last quarter. Accurate Wealth Management LLC purchased a new stake in Vanguard Russell 1000 Value in the 4th quarter valued at $1,929,000. Ignite Planners LLC acquired a new position in shares of Vanguard Russell 1000 Value in the fourth quarter valued at approximately $704,000. Envision Financial LLC acquired a new position in shares of Vanguard Russell 1000 Value during the fourth quarter worth about $3,372,000. Finally, Fulton Bank N.A. purchased a new position in shares of Vanguard Russell 1000 Value during the 4th quarter worth approximately $975,000.

Vanguard Russell 1000 Value Trading Up 0.7 %

VONV stock opened at $84.06 on Friday. Vanguard Russell 1000 Value has a 12-month low of $70.65 and a 12-month high of $87.97. The company has a market cap of $10.27 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. The firm has a 50 day moving average of $83.98 and a 200-day moving average of $82.12.

Vanguard Russell 1000 Value Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were given a dividend of $0.437 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.