Truist Financial Corp Sells 14,233 Shares of Vanguard Russell 1000 Value ETF $VONV

Truist Financial Corp cut its holdings in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 1.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,461,212 shares of the company’s stock after selling 14,233 shares during the period. Truist Financial Corp owned approximately 0.93% of Vanguard Russell 1000 Value ETF worth $134,870,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Bank of America Corp DE raised its position in shares of Vanguard Russell 1000 Value ETF by 3.0% in the 3rd quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock worth $2,544,908,000 after acquiring an additional 823,792 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Vanguard Russell 1000 Value ETF by 1,284.2% in the 3rd quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock worth $471,443,000 after acquiring an additional 4,894,074 shares in the last quarter. TIAA Trust National Association raised its position in shares of Vanguard Russell 1000 Value ETF by 3.3% in the 3rd quarter. TIAA Trust National Association now owns 4,545,391 shares of the company’s stock worth $406,222,000 after acquiring an additional 144,549 shares in the last quarter. Phoenix Financial Ltd. bought a new position in shares of Vanguard Russell 1000 Value ETF in the 3rd quarter worth about $259,530,000. Finally, UBS Group AG raised its position in shares of Vanguard Russell 1000 Value ETF by 1.8% in the 3rd quarter. UBS Group AG now owns 2,750,558 shares of the company’s stock worth $245,817,000 after acquiring an additional 48,051 shares in the last quarter.

Vanguard Russell 1000 Value ETF Stock Performance

VONV stock opened at $101.25 on Monday. The stock has a 50-day moving average price of $96.75 and a 200-day moving average price of $94.39. Vanguard Russell 1000 Value ETF has a 1-year low of $80.08 and a 1-year high of $101.88. The firm has a market cap of $18.06 billion, a PE ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a $0.4117 dividend. This represents a $1.65 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, March 24th.

Vanguard Russell 1000 Value ETF 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.