Geneos Wealth Management Inc. Lowers Stock Position in Vanguard Russell 1000 Value ETF $VONV

Geneos Wealth Management Inc. lowered its position in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 2.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 99,708 shares of the company’s stock after selling 2,034 shares during the period. Geneos Wealth Management Inc.’s holdings in Vanguard Russell 1000 Value ETF were worth $8,230,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Focus Partners Wealth lifted its position in Vanguard Russell 1000 Value ETF by 0.9% during the first quarter. Focus Partners Wealth now owns 313,326 shares of the company’s stock valued at $25,862,000 after buying an additional 2,711 shares during the period. Jane Street Group LLC bought a new position in shares of Vanguard Russell 1000 Value ETF during the first quarter valued at $5,536,000. SageView Advisory Group LLC increased its stake in Vanguard Russell 1000 Value ETF by 8.7% during the 1st quarter. SageView Advisory Group LLC now owns 2,574,673 shares of the company’s stock valued at $212,513,000 after purchasing an additional 205,329 shares in the last quarter. SCS Capital Management LLC purchased a new position in Vanguard Russell 1000 Value ETF in the first quarter worth about $1,214,000. Finally, Arete Wealth Advisors LLC purchased a new position in Vanguard Russell 1000 Value ETF in the first quarter worth about $383,000.

Vanguard Russell 1000 Value ETF Stock Performance

Shares of Vanguard Russell 1000 Value ETF stock opened at $88.50 on Wednesday. The stock has a market capitalization of $13.05 billion, a PE ratio of 19.46 and a beta of 0.95. Vanguard Russell 1000 Value ETF has a 52-week low of $71.68 and a 52-week high of $89.12. The company has a 50-day simple moving average of $86.87 and a two-hundred day simple moving average of $83.48.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Friday, June 20th were issued a $0.4009 dividend. The ex-dividend date of this dividend was Friday, June 20th. This represents a $1.60 annualized dividend and a yield of 1.8%.

Vanguard Russell 1000 Value ETF 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.