PNC Financial Services Group Inc. Trims Holdings in Vanguard Russell 1000 Value (NASDAQ:VONV)

PNC Financial Services Group Inc. trimmed its position in Vanguard Russell 1000 Value (NASDAQ:VONV) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 766,724 shares of the company’s stock after selling 15,939 shares during the period. PNC Financial Services Group Inc. owned about 0.63% of Vanguard Russell 1000 Value worth $62,296,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VONV. Synergy Asset Management LLC purchased a new position in Vanguard Russell 1000 Value in the 4th quarter valued at about $25,000. WFA Asset Management Corp purchased a new position in shares of Vanguard Russell 1000 Value during the 4th quarter worth about $26,000. Crews Bank & Trust purchased a new position in shares of Vanguard Russell 1000 Value during the 4th quarter worth about $46,000. Guardian Wealth Management Inc. lifted its holdings in shares of Vanguard Russell 1000 Value by 39.3% during the 3rd quarter. Guardian Wealth Management Inc. now owns 560 shares of the company’s stock worth $47,000 after acquiring an additional 158 shares during the period. Finally, Bogart Wealth LLC lifted its holdings in shares of Vanguard Russell 1000 Value by 37.6% during the 4th quarter. Bogart Wealth LLC now owns 772 shares of the company’s stock worth $63,000 after acquiring an additional 211 shares during the period.

Vanguard Russell 1000 Value Price Performance

Shares of VONV stock opened at $83.28 on Monday. The firm has a market cap of $10.17 billion, a P/E ratio of 19.78 and a beta of 0.95. Vanguard Russell 1000 Value has a 1-year low of $74.11 and a 1-year high of $87.97. The firm’s 50-day simple moving average is $83.92 and its 200-day simple moving average is $83.72.

Vanguard Russell 1000 Value Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.437 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.