Principal Financial Group Inc. Reduces Holdings in Vanguard Russell 1000 Value ETF (NASDAQ:VONV)

Principal Financial Group Inc. trimmed its holdings in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 1.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 59,722 shares of the company’s stock after selling 842 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard Russell 1000 Value ETF were worth $4,929,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VONV. Mutual Advisors LLC boosted its holdings in Vanguard Russell 1000 Value ETF by 11.3% in the first quarter. Mutual Advisors LLC now owns 68,865 shares of the company’s stock worth $5,453,000 after acquiring an additional 6,987 shares in the last quarter. Global Strategic Investment Solutions LLC grew its stake in shares of Vanguard Russell 1000 Value ETF by 0.8% during the 1st quarter. Global Strategic Investment Solutions LLC now owns 878,556 shares of the company’s stock worth $72,516,000 after purchasing an additional 6,559 shares during the period. First Horizon Advisors Inc. increased its holdings in Vanguard Russell 1000 Value ETF by 10.2% in the first quarter. First Horizon Advisors Inc. now owns 72,247 shares of the company’s stock valued at $5,963,000 after buying an additional 6,716 shares in the last quarter. Private Trust Co. NA grew its position in shares of Vanguard Russell 1000 Value ETF by 703.6% during the 1st quarter. Private Trust Co. NA now owns 9,555 shares of the company’s stock valued at $789,000 after acquiring an additional 8,366 shares during the period. Finally, Kanawha Capital Management LLC grew its holdings in Vanguard Russell 1000 Value ETF by 2.8% in the first quarter. Kanawha Capital Management LLC now owns 52,961 shares of the company’s stock valued at $4,371,000 after purchasing an additional 1,425 shares during the period.

Vanguard Russell 1000 Value ETF Trading Up 0.6%

Shares of Vanguard Russell 1000 Value ETF stock opened at $86.05 on Friday. The firm’s 50-day moving average price is $84.02 and its 200 day moving average price is $82.66. Vanguard Russell 1000 Value ETF has a twelve month low of $71.68 and a twelve month high of $87.97. The firm has a market capitalization of $12.69 billion, a PE ratio of 19.46 and a beta of 0.95.

Vanguard Russell 1000 Value ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Friday, June 20th were paid a $0.4009 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend was 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.