Westwood Holdings Group Inc. Sells 4,166 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Westwood Holdings Group Inc. decreased its stake in Vanguard Russell 1000 Value (NASDAQ:VONV) by 5.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 74,656 shares of the company’s stock after selling 4,166 shares during the period. Westwood Holdings Group Inc. owned 0.07% of Vanguard Russell 1000 Value worth $5,716,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Carolinas Wealth Consulting LLC raised its position in Vanguard Russell 1000 Value by 10.0% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 269,681 shares of the company’s stock worth $19,563,000 after acquiring an additional 24,467 shares during the period. Park Avenue Securities LLC bought a new stake in Vanguard Russell 1000 Value in the second quarter worth about $588,000. Raymond James & Associates raised its position in Vanguard Russell 1000 Value by 12.6% in the second quarter. Raymond James & Associates now owns 753,561 shares of the company’s stock worth $57,700,000 after acquiring an additional 84,477 shares during the period. Cetera Investment Advisers raised its position in Vanguard Russell 1000 Value by 185.1% in the first quarter. Cetera Investment Advisers now owns 288,015 shares of the company’s stock worth $22,649,000 after acquiring an additional 186,989 shares during the period. Finally, Corundum Group Inc. raised its position in Vanguard Russell 1000 Value by 55.4% in the second quarter. Corundum Group Inc. now owns 64,172 shares of the company’s stock worth $4,914,000 after acquiring an additional 22,868 shares during the period.

Vanguard Russell 1000 Value Stock Performance

Shares of VONV stock opened at $82.84 on Monday. The firm has a market cap of $9.17 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. The firm’s 50-day simple moving average is $80.20 and its two-hundred day simple moving average is $78.05. Vanguard Russell 1000 Value has a 52 week low of $62.92 and a 52 week high of $83.24.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Stockholders 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. The ex-dividend date was Thursday, June 27th. This represents a $1.56 annualized dividend and a dividend yield of 1.88%.

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.