Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Sells 1,469 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its stake in Vanguard Russell 1000 Value (NASDAQ:VONV) by 25.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,351 shares of the company’s stock after selling 1,469 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Vanguard Russell 1000 Value were worth $316,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Sage Mountain Advisors LLC grew its holdings in shares of Vanguard Russell 1000 Value by 48.1% in the 4th quarter. Sage Mountain Advisors LLC now owns 23,315 shares of the company’s stock valued at $1,691,000 after acquiring an additional 7,570 shares in the last quarter. Telemus Capital LLC bought a new position in Vanguard Russell 1000 Value during the fourth quarter worth about $759,000. Nicholas Hoffman & Company LLC. grew its holdings in Vanguard Russell 1000 Value by 8.6% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 4,299 shares of the company’s stock worth $312,000 after purchasing an additional 341 shares during the period. Verdence Capital Advisors LLC grew its holdings in Vanguard Russell 1000 Value by 120.1% during the fourth quarter. Verdence Capital Advisors LLC now owns 298,790 shares of the company’s stock worth $21,674,000 after purchasing an additional 163,058 shares during the period. Finally, Institute for Wealth Management LLC. grew its holdings in Vanguard Russell 1000 Value by 103.1% during the fourth quarter. Institute for Wealth Management LLC. now owns 6,510 shares of the company’s stock worth $472,000 after purchasing an additional 3,304 shares during the period.

Vanguard Russell 1000 Value Stock Performance

Vanguard Russell 1000 Value stock traded up $0.75 during midday trading on Tuesday, reaching $76.29. 324,330 shares of the company’s stock were exchanged, compared to its average volume of 398,290. Vanguard Russell 1000 Value has a 52 week low of $62.92 and a 52 week high of $78.81. The firm has a market cap of $8.17 billion, a price-to-earnings ratio of 17.29 and a beta of 0.95. The stock’s 50-day simple moving average is $76.04 and its 200 day simple moving average is $71.82.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were issued a dividend of $0.335 per share. This represents a $1.34 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend was Thursday, March 21st.

Vanguard Russell 1000 Value Company 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.