Envestnet Asset Management Inc. Has $163.20 Million Position in Vanguard Russell 1000 Value ETF $VONV

Envestnet Asset Management Inc. decreased its position in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 18.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,826,162 shares of the company’s stock after selling 405,367 shares during the period. Envestnet Asset Management Inc. owned about 1.16% of Vanguard Russell 1000 Value ETF worth $163,204,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in VONV. Pinnacle Financial Partners Inc lifted its position in shares of Vanguard Russell 1000 Value ETF by 0.7% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 18,544 shares of the company’s stock worth $1,657,000 after buying an additional 132 shares during the last quarter. Modera Wealth Management LLC increased its holdings in shares of Vanguard Russell 1000 Value ETF by 0.7% during the third quarter. Modera Wealth Management LLC now owns 35,560 shares of the company’s stock worth $3,178,000 after buying an additional 255 shares in the last quarter. Goldstein Advisors LLC boosted its holdings in shares of Vanguard Russell 1000 Value ETF by 5.1% during the 3rd quarter. Goldstein Advisors LLC now owns 5,477 shares of the company’s stock valued at $489,000 after acquiring an additional 264 shares in the last quarter. WPG Advisers LLC bought a new stake in Vanguard Russell 1000 Value ETF during the 3rd quarter worth $26,000. Finally, Moloney Securities Asset Management LLC boosted its stake in shares of Vanguard Russell 1000 Value ETF by 2.3% during the second quarter. Moloney Securities Asset Management LLC now owns 12,690 shares of the company’s stock valued at $1,081,000 after purchasing an additional 289 shares in the last quarter.

Vanguard Russell 1000 Value ETF Trading Up 1.7%

NASDAQ:VONV opened at $98.55 on Friday. The stock’s 50-day moving average is $94.31 and its 200-day moving average is $90.62. The stock has a market cap of $15.51 billion, a P/E ratio of 19.46 and a beta of 0.89. Vanguard Russell 1000 Value ETF has a 1-year low of $71.68 and a 1-year high of $98.73.

Vanguard Russell 1000 Value ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were issued 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.

Vanguard Russell 1000 Value ETF 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.