Andina Capital Management LLC Lowers Position in Vanguard Russell 1000 Value ETF $VONV

Andina Capital Management LLC trimmed its position in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 28.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 25,169 shares of the company’s stock after selling 9,776 shares during the period. Vanguard Russell 1000 Value ETF comprises approximately 2.1% of Andina Capital Management LLC’s portfolio, making the stock its 11th biggest holding. Andina Capital Management LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $2,359,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Total Clarity Wealth Management Inc. raised its holdings in Vanguard Russell 1000 Value ETF by 87.2% in the 1st quarter. Total Clarity Wealth Management Inc. now owns 13,579 shares of the company’s stock worth $1,273,000 after purchasing an additional 6,325 shares during the period. XML Financial LLC acquired a new stake in Vanguard Russell 1000 Value ETF in the first quarter valued at approximately $4,147,000. First Merchants Corp increased its position in shares of Vanguard Russell 1000 Value ETF by 11.0% in the first quarter. First Merchants Corp now owns 97,100 shares of the company’s stock valued at $9,102,000 after buying an additional 9,600 shares in the last quarter. CWC Advisors LLC. purchased a new stake in shares of Vanguard Russell 1000 Value ETF in the first quarter valued at approximately $237,000. Finally, Quotient Wealth Partners LLC raised its stake in shares of Vanguard Russell 1000 Value ETF by 45.7% during the 1st quarter. Quotient Wealth Partners LLC now owns 38,300 shares of the company’s stock worth $3,590,000 after buying an additional 12,020 shares during the period.

Vanguard Russell 1000 Value ETF Price Performance

Shares of NASDAQ:VONV opened at $105.64 on Wednesday. Vanguard Russell 1000 Value ETF has a 1 year low of $83.94 and a 1 year high of $108.02. The firm has a market capitalization of $18.85 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. The business’s 50 day moving average price is $102.80 and its 200-day moving average price is $97.96.

Vanguard Russell 1000 Value ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were given a dividend of $0.4102 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.64 dividend on an annualized basis and a yield of 1.6%.

Vanguard Russell 1000 Value ETF 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.