Balentine LLC Sells 9,020 Shares of Vanguard Russell 1000 Value ETF $VONV

Balentine LLC reduced its position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 4.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 180,169 shares of the company’s stock after selling 9,020 shares during the period. Vanguard Russell 1000 Value ETF accounts for about 0.7% of Balentine LLC’s investment portfolio, making the stock its 16th biggest position. Balentine LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $16,889,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. YANKCOM Partnership bought a new position in shares of Vanguard Russell 1000 Value ETF during the 4th quarter valued at approximately $25,000. Quadrant Capital Group LLC purchased a new stake in Vanguard Russell 1000 Value ETF during the fourth quarter valued at $33,000. Victory Capital Management Inc. lifted its position in Vanguard Russell 1000 Value ETF by 139.6% during the third quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock valued at $40,000 after purchasing an additional 261 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its position in Vanguard Russell 1000 Value ETF by 355.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock valued at $41,000 after purchasing an additional 355 shares during the last quarter. Finally, Optima Capital LLC bought a new position in Vanguard Russell 1000 Value ETF during the fourth quarter valued at $45,000.

Vanguard Russell 1000 Value ETF Trading Up 0.6%

Shares of NASDAQ:VONV opened at $106.94 on Thursday. Vanguard Russell 1000 Value ETF has a 12 month low of $84.13 and a 12 month high of $108.02. The company has a 50-day moving average price of $103.72 and a 200 day moving average price of $98.55. The company has a market cap of $19.08 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were given a dividend of $0.4102 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.64 dividend on an annualized basis and a yield of 1.5%.

About Vanguard Russell 1000 Value ETF

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.