Private Advisor Group LLC Reduces Position in Vanguard Russell 1000 (NASDAQ:VONE)

Private Advisor Group LLC lessened its position in shares of Vanguard Russell 1000 (NASDAQ:VONE) by 3.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 2,140 shares of the company’s stock after selling 76 shares during the quarter. Private Advisor Group LLC’s holdings in Vanguard Russell 1000 were worth $510,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in VONE. Sherrill & Hutchins Financial Advisory Inc purchased a new position in Vanguard Russell 1000 during the 4th quarter worth approximately $40,738,000. Heartwood Wealth Advisors LLC purchased a new position in Vanguard Russell 1000 during the 1st quarter worth approximately $30,520,000. Raymond James Financial Services Advisors Inc. grew its stake in Vanguard Russell 1000 by 46.1% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 177,091 shares of the company’s stock worth $42,204,000 after buying an additional 55,879 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Vanguard Russell 1000 by 21.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 298,934 shares of the company’s stock worth $64,851,000 after buying an additional 52,943 shares during the last quarter. Finally, UBS Group AG grew its stake in Vanguard Russell 1000 by 9.0% during the 4th quarter. UBS Group AG now owns 629,237 shares of the company’s stock worth $136,507,000 after buying an additional 51,770 shares during the last quarter.

Vanguard Russell 1000 Trading Up 0.6 %

NASDAQ:VONE opened at $253.33 on Monday. The firm has a market cap of $5.07 billion, a P/E ratio of 24.78 and a beta of 1.02. The stock’s 50 day simple moving average is $243.49 and its 200-day simple moving average is $233.32. Vanguard Russell 1000 has a 12-month low of $185.74 and a 12-month high of $254.78.

Vanguard Russell 1000 Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were issued a $0.814 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $3.26 dividend on an annualized basis and a dividend yield of 1.29%. This is a positive change from Vanguard Russell 1000’s previous quarterly dividend of $0.72.

Vanguard Russell 1000 Profile

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.