Vanguard Russell 1000 Value ETF $VONV Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 6.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 724,515 shares of the company’s stock after selling 47,334 shares during the quarter. PNC Financial Services Group Inc. owned 0.41% of Vanguard Russell 1000 Value ETF worth $67,916,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. YANKCOM Partnership acquired a new position in shares of Vanguard Russell 1000 Value ETF during the fourth quarter worth $25,000. Quadrant Capital Group LLC acquired a new position in shares of Vanguard Russell 1000 Value ETF during the 4th quarter worth about $33,000. Victory Capital Management Inc. boosted its position in shares of Vanguard Russell 1000 Value ETF by 139.6% during the 3rd quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock worth $40,000 after acquiring an additional 261 shares in the last quarter. Newbridge Financial Services Group Inc. increased its holdings in shares of Vanguard Russell 1000 Value ETF by 355.0% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock valued at $41,000 after acquiring an additional 355 shares during the last quarter. Finally, Optima Capital LLC purchased a new position in shares of Vanguard Russell 1000 Value ETF in the 4th quarter valued at about $45,000.

Vanguard Russell 1000 Value ETF Price Performance

Shares of VONV opened at $107.96 on Friday. The firm has a fifty day moving average price of $106.00 and a 200 day moving average price of $100.31. The stock has a market cap of $20.23 billion, a PE ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 1-year low of $84.13 and a 1-year high of $109.85.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

Vanguard Russell 1000 Value ETF 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.