D.A. Davidson & CO. Trims Stake in Vanguard Russell 1000 Value (NASDAQ:VONV)

D.A. Davidson & CO. cut its stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,217 shares of the company’s stock after selling 794 shares during the quarter. D.A. Davidson & CO.’s holdings in Vanguard Russell 1000 Value were worth $1,886,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Financial Life Planners purchased a new position in shares of Vanguard Russell 1000 Value during the fourth quarter worth approximately $412,000. First Horizon Advisors Inc. increased its position in shares of Vanguard Russell 1000 Value by 27.1% during the third quarter. First Horizon Advisors Inc. now owns 54,534 shares of the company’s stock worth $4,544,000 after acquiring an additional 11,624 shares during the period. JPMorgan Chase & Co. increased its position in shares of Vanguard Russell 1000 Value by 13.4% during the third quarter. JPMorgan Chase & Co. now owns 432,022 shares of the company’s stock worth $36,000,000 after acquiring an additional 50,950 shares during the period. Wilmington Savings Fund Society FSB increased its position in shares of Vanguard Russell 1000 Value by 183.9% during the third quarter. Wilmington Savings Fund Society FSB now owns 9,415 shares of the company’s stock worth $785,000 after acquiring an additional 6,099 shares during the period. Finally, Citigroup Inc. increased its position in shares of Vanguard Russell 1000 Value by 2.3% during the third quarter. Citigroup Inc. now owns 1,140,495 shares of the company’s stock worth $95,037,000 after acquiring an additional 25,252 shares during the period.

Vanguard Russell 1000 Value Stock Performance

Shares of NASDAQ:VONV opened at $84.64 on Friday. The firm has a market cap of $10.34 billion, a PE ratio of 17.49 and a beta of 0.95. The firm’s 50 day simple moving average is $83.54 and its 200-day simple moving average is $83.33. Vanguard Russell 1000 Value has a one year low of $74.11 and a one year high of $87.97.

Vanguard Russell 1000 Value Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.437 per share. The ex-dividend date was Monday, December 23rd.

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.