Topel & Distasi Wealth Management LLC Sells 6,983 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Topel & Distasi Wealth Management LLC reduced its stake in Vanguard Russell 1000 Value (NASDAQ:VONV) by 16.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,522 shares of the company’s stock after selling 6,983 shares during the period. Vanguard Russell 1000 Value comprises approximately 1.2% of Topel & Distasi Wealth Management LLC’s investment portfolio, making the stock its 28th largest position. Topel & Distasi Wealth Management LLC’s holdings in Vanguard Russell 1000 Value were worth $2,793,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in VONV. Pinnacle Financial Partners Inc grew its stake in shares of Vanguard Russell 1000 Value by 1.1% in the fourth quarter. Pinnacle Financial Partners Inc now owns 14,405 shares of the company’s stock worth $1,045,000 after purchasing an additional 157 shares during the last quarter. Allegiance Financial Group Advisory Services LLC lifted its stake in shares of Vanguard Russell 1000 Value by 0.6% in the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 26,650 shares of the company’s stock worth $1,933,000 after acquiring an additional 163 shares during the period. Perigon Wealth Management LLC boosted its holdings in Vanguard Russell 1000 Value by 1.3% in the first quarter. Perigon Wealth Management LLC now owns 17,193 shares of the company’s stock valued at $1,352,000 after acquiring an additional 222 shares during the last quarter. Bleakley Financial Group LLC raised its holdings in Vanguard Russell 1000 Value by 6.1% during the 4th quarter. Bleakley Financial Group LLC now owns 5,129 shares of the company’s stock worth $372,000 after purchasing an additional 293 shares during the last quarter. Finally, Simplicity Solutions LLC raised its holdings in Vanguard Russell 1000 Value by 6.1% during the 4th quarter. Simplicity Solutions LLC now owns 5,129 shares of the company’s stock worth $372,000 after purchasing an additional 293 shares during the last quarter.

Vanguard Russell 1000 Value Stock Up 0.7 %

Vanguard Russell 1000 Value stock traded up $0.52 during trading hours on Friday, reaching $78.39. 297,288 shares of the company’s stock were exchanged, compared to its average volume of 370,680. Vanguard Russell 1000 Value has a twelve month low of $62.92 and a twelve month high of $78.81. The firm’s 50 day simple moving average is $77.15 and its 200 day simple moving average is $75.55. The firm has a market capitalization of $8.68 billion, a PE ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were paid a $0.389 dividend. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. This represents a $1.56 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend was Thursday, June 27th.

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.