Ridgewood Investments LLC Sells 463 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Ridgewood Investments LLC lowered its stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 1.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,845 shares of the company’s stock after selling 463 shares during the period. Vanguard Russell 1000 Value accounts for about 1.1% of Ridgewood Investments LLC’s investment portfolio, making the stock its 11th largest position. Ridgewood Investments LLC’s holdings in Vanguard Russell 1000 Value were worth $2,237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. TIAA Trust National Association grew its holdings in shares of Vanguard Russell 1000 Value by 3.9% in the second quarter. TIAA Trust National Association now owns 3,793,357 shares of the company’s stock valued at $290,457,000 after purchasing an additional 142,895 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Russell 1000 Value by 2.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,242,132 shares of the company’s stock valued at $162,644,000 after purchasing an additional 59,428 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Vanguard Russell 1000 Value by 13.4% in the second quarter. Commonwealth Equity Services LLC now owns 1,264,952 shares of the company’s stock valued at $96,857,000 after purchasing an additional 149,680 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Russell 1000 Value by 4.4% in the second quarter. LPL Financial LLC now owns 1,207,687 shares of the company’s stock valued at $92,473,000 after purchasing an additional 50,753 shares in the last quarter. Finally, Truist Financial Corp grew its holdings in shares of Vanguard Russell 1000 Value by 2.1% in the second quarter. Truist Financial Corp now owns 1,043,887 shares of the company’s stock valued at $79,930,000 after purchasing an additional 21,238 shares in the last quarter.

Vanguard Russell 1000 Value Stock Performance

NASDAQ VONV traded up $0.61 on Friday, hitting $83.18. 269,886 shares of the stock were exchanged, compared to its average volume of 353,442. The stock has a fifty day moving average price of $80.94 and a two-hundred day moving average price of $78.48. The firm has a market capitalization of $9.44 billion, a P/E ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 52-week low of $62.92 and a 52-week high of $83.53.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.437 per share. This represents a $1.75 annualized dividend and a dividend yield of 2.10%. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Thursday, September 26th.

Vanguard Russell 1000 Value 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.