Cambridge Associates LLC MA ADV Trims Stake in Vanguard Russell 1000 Value ETF $VONV

Cambridge Associates LLC MA ADV cut its holdings in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 2.7% during the 1st quarter, Holdings Channel reports. The fund owned 512,009 shares of the company’s stock after selling 14,312 shares during the period. Vanguard Russell 1000 Value ETF comprises 0.8% of Cambridge Associates LLC MA ADV’s portfolio, making the stock its 17th biggest holding. Cambridge Associates LLC MA ADV’s holdings in Vanguard Russell 1000 Value ETF were worth $47,996,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of VONV. Arvest Bank Trust Division bought a new stake in shares of Vanguard Russell 1000 Value ETF during the 1st quarter valued at $549,000. Cassaday & Co Wealth Management LLC bought a new position in Vanguard Russell 1000 Value ETF in the 1st quarter worth $66,000. Balefire LLC lifted its position in Vanguard Russell 1000 Value ETF by 3.0% during the first quarter. Balefire LLC now owns 4,137 shares of the company’s stock valued at $388,000 after purchasing an additional 120 shares in the last quarter. Spartan Wealth Advisory Services LLC purchased a new position in Vanguard Russell 1000 Value ETF during the first quarter valued at $11,958,000. Finally, Zhang Financial LLC grew its holdings in Vanguard Russell 1000 Value ETF by 32.0% during the first quarter. Zhang Financial LLC now owns 63,828 shares of the company’s stock valued at $5,983,000 after purchasing an additional 15,491 shares during the period.

Vanguard Russell 1000 Value ETF Stock Up 0.0%

Shares of VONV opened at $108.52 on Thursday. The business has a 50-day simple moving average of $105.91 and a two-hundred day simple moving average of $100.21. The stock has a market cap of $20.34 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 52 week low of $84.13 and a 52 week high of $109.85.

Vanguard Russell 1000 Value ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were paid 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 dividend yield of 1.5%.

Vanguard Russell 1000 Value ETF 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.