Empire Life Investments Inc. Sells 48,500 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Empire Life Investments Inc. cut its stake in Vanguard Russell 1000 Value (NASDAQ:VONVFree Report) by 68.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 22,491 shares of the company’s stock after selling 48,500 shares during the period. Empire Life Investments Inc.’s holdings in Vanguard Russell 1000 Value were worth $1,631,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in VONV. Fifth Third Bancorp grew its stake in shares of Vanguard Russell 1000 Value by 20.8% in the third quarter. Fifth Third Bancorp now owns 2,917 shares of the company’s stock worth $194,000 after acquiring an additional 503 shares during the period. First American Trust FSB bought a new stake in Vanguard Russell 1000 Value during the third quarter valued at approximately $306,000. Tranquility Partners LLC grew its position in Vanguard Russell 1000 Value by 24.9% during the third quarter. Tranquility Partners LLC now owns 4,709 shares of the company’s stock valued at $314,000 after buying an additional 940 shares during the period. Modera Wealth Management LLC grew its position in Vanguard Russell 1000 Value by 2,165.6% during the third quarter. Modera Wealth Management LLC now owns 468,765 shares of the company’s stock valued at $32,082,000 after buying an additional 448,074 shares during the period. Finally, WFA of San Diego LLC grew its position in Vanguard Russell 1000 Value by 24.7% during the third quarter. WFA of San Diego LLC now owns 5,190 shares of the company’s stock valued at $346,000 after buying an additional 1,028 shares during the period.

Vanguard Russell 1000 Value Trading Up 0.4 %

NASDAQ VONV traded up $0.33 during trading hours on Tuesday, hitting $77.92. 260,090 shares of the company’s stock traded hands, compared to its average volume of 378,558. The business’s fifty day moving average price is $76.66 and its two-hundred day moving average price is $73.07. The firm has a market capitalization of $8.35 billion, a P/E ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 52 week low of $62.92 and a 52 week high of $78.81.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were given a dividend of $0.335 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $1.34 annualized dividend and a yield of 1.72%.

Vanguard Russell 1000 Value Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding VONV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Russell 1000 Value (NASDAQ:VONVFree Report).

Institutional Ownership by Quarter for Vanguard Russell 1000 Value (NASDAQ:VONV)

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