Beacon Pointe Advisors LLC Sells 1,773 Shares of Vanguard Russell 1000 ETF $VONE

Beacon Pointe Advisors LLC cut its holdings in shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) by 1.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 114,232 shares of the company’s stock after selling 1,773 shares during the quarter. Beacon Pointe Advisors LLC owned about 0.51% of Vanguard Russell 1000 ETF worth $32,083,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Bank of New York Mellon Corp raised its stake in Vanguard Russell 1000 ETF by 106.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 520,090 shares of the company’s stock valued at $146,072,000 after purchasing an additional 267,630 shares during the last quarter. Bank of Montreal Can grew its position in Vanguard Russell 1000 ETF by 3,660.4% in the 2nd quarter. Bank of Montreal Can now owns 216,413 shares of the company’s stock worth $60,782,000 after purchasing an additional 210,658 shares during the last quarter. Baird Financial Group Inc. increased its holdings in shares of Vanguard Russell 1000 ETF by 776.6% during the 1st quarter. Baird Financial Group Inc. now owns 129,006 shares of the company’s stock worth $32,749,000 after purchasing an additional 114,289 shares during the period. Jordan Park Group LLC acquired a new position in shares of Vanguard Russell 1000 ETF during the second quarter valued at about $24,245,000. Finally, Apella Capital LLC raised its position in shares of Vanguard Russell 1000 ETF by 66.2% during the second quarter. Apella Capital LLC now owns 209,360 shares of the company’s stock valued at $59,113,000 after buying an additional 83,361 shares during the last quarter.

Vanguard Russell 1000 ETF Stock Down 0.5%

VONE stock opened at $308.30 on Tuesday. Vanguard Russell 1000 ETF has a twelve month low of $218.75 and a twelve month high of $312.44. The company has a market cap of $7.04 billion, a PE ratio of 24.55 and a beta of 1.02. The business’s 50-day simple moving average is $304.34 and its 200 day simple moving average is $291.10.

Vanguard Russell 1000 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Wednesday, September 24th were given a dividend of $0.8463 per share. This is a boost from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.78. This represents a $3.39 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Wednesday, September 24th.

Vanguard Russell 1000 ETF Profile

The Vanguard Russell 1000 ETF (VONE) is an exchange-traded fund that is based on the Russell 1000 index, a market-cap-weighted index of the 1000 largest US companies. VONE was launched on Sep 20, 2010 and is managed by Vanguard.