Principal Financial Group Inc. Cuts Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

Principal Financial Group Inc. decreased its position in Vanguard Russell 1000 Value (NASDAQ:VONV) by 4.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 60,564 shares of the company’s stock after selling 2,555 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard Russell 1000 Value were worth $4,921,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VONV. Macroview Investment Management LLC increased its position in shares of Vanguard Russell 1000 Value by 2.6% in the fourth quarter. Macroview Investment Management LLC now owns 47,127 shares of the company’s stock valued at $3,829,000 after acquiring an additional 1,189 shares during the period. JFS Wealth Advisors LLC bought a new position in shares of Vanguard Russell 1000 Value during the fourth quarter valued at $477,000. Strategic Financial Concepts LLC bought a new position in shares of Vanguard Russell 1000 Value in the fourth quarter worth approximately $8,272,000. Principal Securities Inc. bought a new stake in shares of Vanguard Russell 1000 Value in the 4th quarter worth $202,000. Finally, Kanawha Capital Management LLC raised its position in Vanguard Russell 1000 Value by 7.4% in the 4th quarter. Kanawha Capital Management LLC now owns 51,536 shares of the company’s stock worth $4,187,000 after buying an additional 3,553 shares during the last quarter.

Vanguard Russell 1000 Value Trading Down 1.0 %

NASDAQ:VONV opened at $84.47 on Tuesday. The company has a market cap of $10.32 billion, a PE ratio of 19.78 and a beta of 0.95. Vanguard Russell 1000 Value has a 12 month low of $74.11 and a 12 month high of $87.97. The company has a 50 day simple moving average of $83.79 and a two-hundred day simple moving average of $83.61.

Vanguard Russell 1000 Value Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were issued a $0.437 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Vanguard Russell 1000 Value 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.