Thrive Wealth Management LLC Reduces Stake in Vanguard Russell 1000 (NASDAQ:VONE)

Thrive Wealth Management LLC decreased its holdings in shares of Vanguard Russell 1000 (NASDAQ:VONE) by 7.2% during the first quarter, according to its most recent filing with the SEC. The firm owned 34,091 shares of the company’s stock after selling 2,660 shares during the period. Vanguard Russell 1000 accounts for about 1.7% of Thrive Wealth Management LLC’s portfolio, making the stock its 8th largest position. Thrive Wealth Management LLC owned 0.17% of Vanguard Russell 1000 worth $8,125,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of VONE. Relative Value Partners Group LLC grew its stake in Vanguard Russell 1000 by 0.7% in the fourth quarter. Relative Value Partners Group LLC now owns 7,731 shares of the company’s stock valued at $1,677,000 after purchasing an additional 55 shares during the last quarter. Endowment Wealth Management Inc. raised its stake in shares of Vanguard Russell 1000 by 0.7% during the 4th quarter. Endowment Wealth Management Inc. now owns 9,251 shares of the company’s stock worth $2,007,000 after acquiring an additional 66 shares in the last quarter. Park Avenue Securities LLC raised its stake in shares of Vanguard Russell 1000 by 3.9% during the 1st quarter. Park Avenue Securities LLC now owns 2,093 shares of the company’s stock worth $499,000 after acquiring an additional 78 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Vanguard Russell 1000 by 154.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 135 shares of the company’s stock valued at $29,000 after acquiring an additional 82 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in Vanguard Russell 1000 by 14.7% in the fourth quarter. Assetmark Inc. now owns 657 shares of the company’s stock worth $143,000 after purchasing an additional 84 shares during the last quarter.

Vanguard Russell 1000 Trading Down 0.2 %

Shares of VONE stock traded down $0.40 during trading hours on Thursday, reaching $247.05. 29,979 shares of the company’s stock were exchanged, compared to its average volume of 64,882. The company has a market cap of $4.90 billion, a price-to-earnings ratio of 24.78 and a beta of 1.02. Vanguard Russell 1000 has a fifty-two week low of $185.74 and a fifty-two week high of $248.54. The stock’s 50 day moving average is $238.96 and its 200-day moving average is $230.40.

Vanguard Russell 1000 Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Thursday, June 27th will be paid a $0.814 dividend. The ex-dividend date of this dividend is Thursday, June 27th. This is a boost from Vanguard Russell 1000’s previous quarterly dividend of $0.72. This represents a $3.26 dividend on an annualized basis and a yield of 1.32%.

Vanguard Russell 1000 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.