Vanguard Russell 1000 Value ETF $VONV Shares Sold by Balentine LLC

Balentine LLC cut its holdings in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 5.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 169,670 shares of the company’s stock after selling 10,412 shares during the quarter. Vanguard Russell 1000 Value ETF comprises approximately 0.7% of Balentine LLC’s investment portfolio, making the stock its 17th biggest position. Balentine LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $18,443,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB purchased a new stake in Vanguard Russell 1000 Value ETF in the 3rd quarter valued at about $41,000. Root Financial Partners LLC purchased a new position in Vanguard Russell 1000 Value ETF during the third quarter worth about $50,000. Latitude Advisors LLC purchased a new position in Vanguard Russell 1000 Value ETF during the third quarter worth about $55,000. Steph & Co. purchased a new position in Vanguard Russell 1000 Value ETF during the third quarter worth about $64,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in shares of Vanguard Russell 1000 Value ETF during the first quarter valued at about $66,000.

Vanguard Russell 1000 Value ETF Price Performance

Shares of VONV opened at $112.89 on Friday. The firm has a 50-day simple moving average of $111.86 and a two-hundred day simple moving average of $104.93. The stock has a market cap of $22.92 billion, a PE ratio of 19.46 and a beta of 0.83. Vanguard Russell 1000 Value ETF has a 1-year low of $87.70 and a 1-year high of $117.13.

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.