Litman Gregory Wealth Management LLC Has $17.26 Million Stock Position in Vanguard Russell 1000 (NASDAQ:VONE)

Litman Gregory Wealth Management LLC cut its position in shares of Vanguard Russell 1000 (NASDAQ:VONE) by 1.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 66,358 shares of the company’s stock after selling 1,077 shares during the quarter. Vanguard Russell 1000 makes up about 1.4% of Litman Gregory Wealth Management LLC’s portfolio, making the stock its 17th largest holding. Litman Gregory Wealth Management LLC’s holdings in Vanguard Russell 1000 were worth $17,258,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Peoples Bank KS purchased a new stake in Vanguard Russell 1000 during the third quarter worth about $34,000. Geneos Wealth Management Inc. purchased a new position in Vanguard Russell 1000 in the 1st quarter worth approximately $35,000. PNC Financial Services Group Inc. purchased a new stake in shares of Vanguard Russell 1000 in the 4th quarter valued at $108,000. Ashton Thomas Private Wealth LLC purchased a new stake in Vanguard Russell 1000 during the 2nd quarter valued at $143,000. Finally, Valmark Advisers Inc. purchased a new stake in Vanguard Russell 1000 during the 2nd quarter valued at $239,000.

Vanguard Russell 1000 Trading Down 0.5 %

NASDAQ VONE traded down $1.24 during trading on Wednesday, hitting $263.27. The company had a trading volume of 5,597 shares, compared to its average volume of 62,157. The company’s fifty day moving average is $256.32 and its 200-day moving average is $246.51. The company has a market cap of $5.23 billion, a price-to-earnings ratio of 24.78 and a beta of 1.02. Vanguard Russell 1000 has a one year low of $185.74 and a one year high of $265.76.

Vanguard Russell 1000 Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.824 per share. This represents a $3.30 annualized dividend and a yield of 1.25%. This is an increase from Vanguard Russell 1000’s previous quarterly dividend of $0.81. The ex-dividend date was Thursday, September 26th.

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.