First Manhattan CO. LLC. Sells 2,679 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

First Manhattan CO. LLC. lowered its stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 7.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,004 shares of the company’s stock after selling 2,679 shares during the quarter. First Manhattan CO. LLC.’s holdings in Vanguard Russell 1000 Value were worth $2,600,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of VONV. Synergy Asset Management LLC bought a new position in shares of Vanguard Russell 1000 Value during the 4th quarter worth about $25,000. WFA Asset Management Corp bought a new position in Vanguard Russell 1000 Value in the fourth quarter worth $26,000. Lee Danner & Bass Inc. acquired a new position in shares of Vanguard Russell 1000 Value in the 4th quarter valued at $30,000. Crews Bank & Trust bought a new stake in Vanguard Russell 1000 Value in the fourth quarter valued at about $46,000. Finally, Legacy Investment Solutions LLC acquired a new stake in Vanguard Russell 1000 Value during the fourth quarter valued at approximately $49,000.

Vanguard Russell 1000 Value Stock Performance

Shares of NASDAQ:VONV opened at $81.25 on Friday. The company has a market capitalization of $11.80 billion, a PE ratio of 19.31 and a beta of 0.90. Vanguard Russell 1000 Value has a 52 week low of $71.68 and a 52 week high of $87.97. The company’s fifty day moving average is $80.00 and its 200-day moving average is $82.79.

Vanguard Russell 1000 Value Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.3843 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $1.54 annualized dividend and a dividend yield of 1.89%.

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.