Balentine LLC Trims Position in Vanguard Russell 1000 Value ETF $VONV

Balentine LLC trimmed its position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 7.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 209,112 shares of the company’s stock after selling 16,683 shares during the quarter. Vanguard Russell 1000 Value ETF makes up approximately 0.7% of Balentine LLC’s portfolio, making the stock its 15th biggest holding. Balentine LLC owned approximately 0.13% of Vanguard Russell 1000 Value ETF worth $18,688,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in Vanguard Russell 1000 Value ETF by 14.7% during the 2nd quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock worth $2,356,252,000 after acquiring an additional 3,543,885 shares during the period. TIAA Trust National Association grew its position in shares of Vanguard Russell 1000 Value ETF by 7.0% during the 2nd quarter. TIAA Trust National Association now owns 4,400,842 shares of the company’s stock valued at $374,996,000 after purchasing an additional 288,638 shares in the last quarter. Phoenix Financial Ltd. purchased a new position in shares of Vanguard Russell 1000 Value ETF during the 3rd quarter valued at $259,530,000. SageView Advisory Group LLC increased its holdings in shares of Vanguard Russell 1000 Value ETF by 8.0% in the second quarter. SageView Advisory Group LLC now owns 2,780,136 shares of the company’s stock worth $241,927,000 after purchasing an additional 205,463 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of Vanguard Russell 1000 Value ETF by 0.8% in the second quarter. Envestnet Asset Management Inc. now owns 2,231,529 shares of the company’s stock worth $190,149,000 after buying an additional 17,177 shares in the last quarter.

Vanguard Russell 1000 Value ETF Stock Performance

NASDAQ:VONV opened at $98.19 on Tuesday. Vanguard Russell 1000 Value ETF has a 52-week low of $71.68 and a 52-week high of $99.34. The stock has a fifty day moving average of $95.07 and a 200 day moving average of $91.16. The firm has a market capitalization of $15.45 billion, a price-to-earnings ratio of 19.46 and a beta of 0.89.

Vanguard Russell 1000 Value ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were given a dividend of $0.4916 per share. This represents a $1.97 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Monday, December 22nd.

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.