Sherrill & Hutchins Financial Advisory Inc Sells 3,882 Shares of Vanguard Russell 1000 (NASDAQ:VONE)

Sherrill & Hutchins Financial Advisory Inc reduced its position in shares of Vanguard Russell 1000 (NASDAQ:VONE) by 2.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 183,903 shares of the company’s stock after selling 3,882 shares during the period. Vanguard Russell 1000 accounts for about 39.9% of Sherrill & Hutchins Financial Advisory Inc’s investment portfolio, making the stock its largest position. Sherrill & Hutchins Financial Advisory Inc’s holdings in Vanguard Russell 1000 were worth $43,828,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VONE. Modera Wealth Management LLC acquired a new stake in shares of Vanguard Russell 1000 in the third quarter worth approximately $29,633,000. Heartwood Wealth Advisors LLC acquired a new position in Vanguard Russell 1000 during the first quarter valued at approximately $30,520,000. Goldman Sachs Group Inc. lifted its position in Vanguard Russell 1000 by 21.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 298,934 shares of the company’s stock valued at $64,851,000 after buying an additional 52,943 shares in the last quarter. UBS Group AG lifted its position in Vanguard Russell 1000 by 9.0% during the fourth quarter. UBS Group AG now owns 629,237 shares of the company’s stock valued at $136,507,000 after buying an additional 51,770 shares in the last quarter. Finally, Blackston Financial Advisory Group LLC acquired a new position in Vanguard Russell 1000 during the fourth quarter valued at approximately $9,687,000.

Vanguard Russell 1000 Stock Down 0.4 %

Shares of VONE stock opened at $246.07 on Monday. The stock has a market cap of $4.88 billion, a price-to-earnings ratio of 24.78 and a beta of 1.02. Vanguard Russell 1000 has a fifty-two week low of $185.74 and a fifty-two week high of $248.75. The firm’s 50 day moving average price is $239.38 and its two-hundred day moving average price is $230.90.

Vanguard Russell 1000 Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Thursday, June 27th will be given a dividend of $0.814 per share. This represents a $3.26 dividend on an annualized basis and a yield of 1.32%. This is a boost from Vanguard Russell 1000’s previous quarterly dividend of $0.72. The ex-dividend date is Thursday, June 27th.

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.