Westwood Holdings Group Inc. Sells 5,513 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Westwood Holdings Group Inc. cut its position in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 6.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 78,822 shares of the company’s stock after selling 5,513 shares during the quarter. Westwood Holdings Group Inc. owned 0.07% of Vanguard Russell 1000 Value worth $6,199,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Deane Retirement Strategies Inc. bought a new position in Vanguard Russell 1000 Value in the first quarter valued at approximately $26,000. Elevate Wealth Advisory Inc. bought a new position in Vanguard Russell 1000 Value in the fourth quarter valued at approximately $27,000. ORG Partners LLC grew its stake in Vanguard Russell 1000 Value by 922.2% in the fourth quarter. ORG Partners LLC now owns 460 shares of the company’s stock valued at $34,000 after purchasing an additional 415 shares in the last quarter. Stuart Chaussee & Associates Inc. bought a new position in Vanguard Russell 1000 Value in the first quarter valued at approximately $37,000. Finally, Beacon Capital Management LLC bought a new position in Vanguard Russell 1000 Value in the first quarter valued at approximately $43,000.

Vanguard Russell 1000 Value Trading Down 1.8 %

Shares of VONV traded down $1.41 during mid-day trading on Friday, reaching $78.30. The company’s stock had a trading volume of 372,720 shares, compared to its average volume of 362,183. Vanguard Russell 1000 Value has a 1-year low of $62.92 and a 1-year high of $81.10. The stock has a market cap of $8.67 billion, a P/E ratio of 17.49 and a beta of 0.95. The business has a 50-day simple moving average of $77.65 and a two-hundred day simple moving average of $76.32.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were given a $0.389 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.99%. This is a boost from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, June 27th.

About Vanguard Russell 1000 Value

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.