Envestnet Portfolio Solutions Inc. Lowers Holdings in Vanguard Russell 1000 (NASDAQ:VONE)

Envestnet Portfolio Solutions Inc. reduced its stake in shares of Vanguard Russell 1000 (NASDAQ:VONE) by 10.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,128 shares of the company’s stock after selling 1,697 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 0.07% of Vanguard Russell 1000 worth $3,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of VONE. Stifel Financial Corp lifted its stake in Vanguard Russell 1000 by 8.5% in the third quarter. Stifel Financial Corp now owns 328,295 shares of the company’s stock worth $85,384,000 after purchasing an additional 25,606 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Russell 1000 during the fourth quarter valued at $72,938,000. Cerity Partners LLC raised its holdings in shares of Vanguard Russell 1000 by 0.8% in the 3rd quarter. Cerity Partners LLC now owns 248,652 shares of the company’s stock valued at $64,667,000 after purchasing an additional 1,920 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in Vanguard Russell 1000 during the 4th quarter valued at $59,823,000. Finally, Bank of New York Mellon Corp boosted its position in Vanguard Russell 1000 by 0.9% during the fourth quarter. Bank of New York Mellon Corp now owns 223,904 shares of the company’s stock valued at $59,720,000 after purchasing an additional 2,075 shares in the last quarter.

Vanguard Russell 1000 Stock Down 1.1 %

NASDAQ:VONE opened at $254.74 on Wednesday. The firm has a 50 day moving average of $269.67 and a 200 day moving average of $266.70. The stock has a market capitalization of $5.15 billion, a price-to-earnings ratio of 24.49 and a beta of 1.02. Vanguard Russell 1000 has a 52 week low of $224.66 and a 52 week high of $279.48.

Vanguard Russell 1000 Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were given a $0.8477 dividend. The ex-dividend date was Monday, December 23rd.

About Vanguard Russell 1000

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.