Kestra Private Wealth Services LLC Trims Stock Holdings in Vanguard Russell 1000 Value (NASDAQ:VONV)

Kestra Private Wealth Services LLC lowered its position in Vanguard Russell 1000 Value (NASDAQ:VONV) by 9.1% during the 4th quarter, HoldingsChannel reports. The firm owned 14,971 shares of the company’s stock after selling 1,505 shares during the period. Kestra Private Wealth Services LLC’s holdings in Vanguard Russell 1000 Value were worth $1,086,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Simplicity Solutions LLC grew its holdings in shares of Vanguard Russell 1000 Value by 14.4% during the third quarter. Simplicity Solutions LLC now owns 4,836 shares of the company’s stock worth $322,000 after purchasing an additional 609 shares in the last quarter. Raymond James & Associates increased its holdings in shares of Vanguard Russell 1000 Value by 29.9% in the 3rd quarter. Raymond James & Associates now owns 418,570 shares of the company’s stock worth $27,902,000 after buying an additional 96,365 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of Vanguard Russell 1000 Value by 8.7% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 78,208 shares of the company’s stock valued at $5,213,000 after buying an additional 6,281 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in shares of Vanguard Russell 1000 Value during the 3rd quarter valued at $280,000. Finally, Macroview Investment Management LLC bought a new stake in shares of Vanguard Russell 1000 Value during the 3rd quarter worth $76,000.

Vanguard Russell 1000 Value Stock Up 0.5 %

VONV opened at $75.99 on Friday. The business’s fifty day simple moving average is $76.37 and its 200 day simple moving average is $72.34. Vanguard Russell 1000 Value has a 52 week low of $62.92 and a 52 week high of $78.81. The stock has a market cap of $8.14 billion, a PE ratio of 17.49 and a beta of 0.77.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 22nd were given a dividend of $0.335 per share. This represents a $1.34 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend was Thursday, March 21st.

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.