D.A. Davidson & CO. Reduces Stock Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

D.A. Davidson & CO. trimmed its holdings in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 2.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,011 shares of the company’s stock after selling 570 shares during the period. D.A. Davidson & CO.’s holdings in Vanguard Russell 1000 Value were worth $2,001,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. M3 Advisory Group LLC boosted its holdings in Vanguard Russell 1000 Value by 0.7% in the third quarter. M3 Advisory Group LLC now owns 19,320 shares of the company’s stock valued at $1,610,000 after purchasing an additional 130 shares in the last quarter. Simplicity Wealth LLC boosted its holdings in shares of Vanguard Russell 1000 Value by 2.6% in the 2nd quarter. Simplicity Wealth LLC now owns 5,331 shares of the company’s stock valued at $408,000 after buying an additional 135 shares in the last quarter. Golden Road Advisors LLC grew its position in shares of Vanguard Russell 1000 Value by 0.3% in the 3rd quarter. Golden Road Advisors LLC now owns 52,316 shares of the company’s stock valued at $4,359,000 after buying an additional 145 shares during the last quarter. Quotient Wealth Partners LLC raised its stake in Vanguard Russell 1000 Value by 3.8% during the 3rd quarter. Quotient Wealth Partners LLC now owns 4,422 shares of the company’s stock worth $368,000 after acquiring an additional 162 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC lifted its position in Vanguard Russell 1000 Value by 2.0% in the third quarter. Cyndeo Wealth Partners LLC now owns 9,054 shares of the company’s stock valued at $754,000 after acquiring an additional 179 shares during the last quarter.

Vanguard Russell 1000 Value Stock Performance

Shares of VONV stock opened at $87.69 on Friday. The stock’s 50-day moving average is $84.25 and its two-hundred day moving average is $80.63. Vanguard Russell 1000 Value has a 1 year low of $68.55 and a 1 year high of $87.97. The firm has a market cap of $9.96 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.437 per share. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.75 annualized dividend and a yield of 1.99%.

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.