Red Cedar Investment Management LLC Sells 124,641 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Red Cedar Investment Management LLC cut its holdings in Vanguard Russell 1000 Value (NASDAQ:VONV) by 62.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 75,940 shares of the company’s stock after selling 124,641 shares during the period. Vanguard Russell 1000 Value accounts for approximately 0.8% of Red Cedar Investment Management LLC’s portfolio, making the stock its 18th biggest holding. Red Cedar Investment Management LLC owned 0.07% of Vanguard Russell 1000 Value worth $5,509,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. ORG Partners LLC increased its stake in Vanguard Russell 1000 Value by 922.2% during the fourth quarter. ORG Partners LLC now owns 460 shares of the company’s stock valued at $34,000 after acquiring an additional 415 shares during the period. O Shaughnessy Asset Management LLC bought a new stake in shares of Vanguard Russell 1000 Value during the third quarter valued at approximately $76,000. Macroview Investment Management LLC acquired a new position in shares of Vanguard Russell 1000 Value in the third quarter valued at $76,000. NBC Securities Inc. bought a new position in Vanguard Russell 1000 Value in the third quarter worth $77,000. Finally, Glass Jacobson Investment Advisors llc acquired a new stake in Vanguard Russell 1000 Value during the third quarter worth $100,000.

Vanguard Russell 1000 Value Stock Up 0.5 %

Vanguard Russell 1000 Value stock traded up $0.39 on Friday, hitting $75.99. The company’s stock had a trading volume of 213,603 shares, compared to its average volume of 388,347. The company has a fifty day moving average price of $76.37 and a 200-day moving average price of $72.38. The firm has a market cap of $8.14 billion, a P/E ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a one year low of $62.92 and a one year high of $78.81.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were given a $0.335 dividend. This represents a $1.34 annualized dividend and a yield of 1.76%. The ex-dividend date was Thursday, March 21st.

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.