Wealthcare Capital Management LLC Trims Holdings in Vanguard Russell 1000 Value (NASDAQ:VONV)

Wealthcare Capital Management LLC lowered its stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 25.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,893 shares of the company’s stock after selling 3,090 shares during the quarter. Wealthcare Capital Management LLC’s holdings in Vanguard Russell 1000 Value were worth $699,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in VONV. UBS Group AG grew its holdings in Vanguard Russell 1000 Value by 27.2% during the 4th quarter. UBS Group AG now owns 2,616,087 shares of the company’s stock worth $189,771,000 after acquiring an additional 558,711 shares in the last quarter. Comerica Bank bought a new stake in Vanguard Russell 1000 Value in the third quarter valued at about $28,000,000. Eagle Wealth Strategies LLC acquired a new stake in Vanguard Russell 1000 Value during the fourth quarter valued at approximately $16,671,000. New York Life Investment Management LLC bought a new position in Vanguard Russell 1000 Value during the 4th quarter worth approximately $16,040,000. Finally, Verdence Capital Advisors LLC boosted its holdings in Vanguard Russell 1000 Value by 120.1% in the fourth quarter. Verdence Capital Advisors LLC now owns 298,790 shares of the company’s stock worth $21,674,000 after purchasing an additional 163,058 shares during the period.

Vanguard Russell 1000 Value Stock Performance

Shares of NASDAQ VONV traded down $0.46 during midday trading on Thursday, hitting $76.40. The company’s stock had a trading volume of 60,745 shares, compared to its average volume of 373,584. The firm has a market cap of $8.19 billion, a P/E ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 1-year low of $62.92 and a 1-year high of $78.81. The firm’s fifty day moving average price is $76.89 and its 200-day moving average price is $75.15.

Vanguard Russell 1000 Value Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Thursday, June 27th will be paid a $0.389 dividend. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. This represents a $1.56 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend is Thursday, June 27th.

Vanguard Russell 1000 Value 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.