Baird Financial Group Inc. Sells 2,841 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Baird Financial Group Inc. decreased its position in Vanguard Russell 1000 Value (NASDAQ:VONV) by 33.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,555 shares of the company’s stock after selling 2,841 shares during the quarter. Baird Financial Group Inc.’s holdings in Vanguard Russell 1000 Value were worth $451,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in Vanguard Russell 1000 Value by 17.2% in the 4th quarter. Bank of America Corp DE now owns 23,515,240 shares of the company’s stock worth $1,910,613,000 after purchasing an additional 3,443,350 shares in the last quarter. TIAA Trust National Association boosted its stake in Vanguard Russell 1000 Value by 2.2% in the 4th quarter. TIAA Trust National Association now owns 3,973,639 shares of the company’s stock worth $322,858,000 after purchasing an additional 87,421 shares in the last quarter. SageView Advisory Group LLC boosted its stake in Vanguard Russell 1000 Value by 18.3% in the 4th quarter. SageView Advisory Group LLC now owns 2,369,344 shares of the company’s stock worth $192,509,000 after purchasing an additional 366,318 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Vanguard Russell 1000 Value by 1.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 2,216,616 shares of the company’s stock worth $180,100,000 after purchasing an additional 27,759 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in Vanguard Russell 1000 Value by 6.4% in the 4th quarter. LPL Financial LLC now owns 1,526,119 shares of the company’s stock worth $123,997,000 after purchasing an additional 92,108 shares in the last quarter.

Vanguard Russell 1000 Value Price Performance

Shares of Vanguard Russell 1000 Value stock opened at $83.14 on Friday. The stock has a market cap of $11.54 billion, a price-to-earnings ratio of 19.31 and a beta of 0.95. The firm’s 50-day moving average is $79.99 and its 200 day moving average is $82.77. Vanguard Russell 1000 Value has a 1 year low of $71.68 and a 1 year high of $87.97.

Vanguard Russell 1000 Value Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.3843 dividend. This represents a $1.54 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date was Tuesday, March 25th.

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.