Diversified Portfolios Inc. Has $1.34 Million Holdings in Vanguard Russell 1000 Value ETF (NASDAQ:VONV)

Diversified Portfolios Inc. lessened its holdings in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 5.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,177 shares of the company’s stock after selling 900 shares during the period. Diversified Portfolios Inc.’s holdings in Vanguard Russell 1000 Value ETF were worth $1,335,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE lifted its stake in shares of Vanguard Russell 1000 Value ETF by 17.2% in the 4th quarter. Bank of America Corp DE now owns 23,515,240 shares of the company’s stock valued at $1,910,613,000 after purchasing an additional 3,443,350 shares during the last quarter. TIAA Trust National Association lifted its stake in shares of Vanguard Russell 1000 Value ETF by 2.2% in the 4th quarter. TIAA Trust National Association now owns 3,973,639 shares of the company’s stock valued at $322,858,000 after purchasing an additional 87,421 shares during the last quarter. SageView Advisory Group LLC lifted its position in Vanguard Russell 1000 Value ETF by 18.3% during the 4th quarter. SageView Advisory Group LLC now owns 2,369,344 shares of the company’s stock worth $192,509,000 after acquiring an additional 366,318 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Vanguard Russell 1000 Value ETF by 1.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 2,216,616 shares of the company’s stock worth $180,100,000 after acquiring an additional 27,759 shares during the last quarter. Finally, LPL Financial LLC lifted its position in Vanguard Russell 1000 Value ETF by 6.4% during the 4th quarter. LPL Financial LLC now owns 1,526,119 shares of the company’s stock worth $123,997,000 after acquiring an additional 92,108 shares during the last quarter.

Vanguard Russell 1000 Value ETF Price Performance

Vanguard Russell 1000 Value ETF stock opened at $83.17 on Monday. The firm has a market cap of $12.22 billion, a price-to-earnings ratio of 19.46 and a beta of 0.89. Vanguard Russell 1000 Value ETF has a fifty-two week low of $71.68 and a fifty-two week high of $87.97. The firm has a fifty day moving average price of $81.54 and a two-hundred day moving average price of $82.32.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Friday, June 20th will be given a dividend of $0.4009 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend is Friday, June 20th.

About Vanguard Russell 1000 Value ETF

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.