Vanguard Russell 1000 Value (NASDAQ:VONV) Shares Sold by MESIROW FINANCIAL INVESTMENT MANAGEMENT Fixed Income

MESIROW FINANCIAL INVESTMENT MANAGEMENT Fixed Income lowered its stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 5.2% during the fourth quarter, Holdings Channel reports. The fund owned 86,807 shares of the company’s stock after selling 4,728 shares during the period. Vanguard Russell 1000 Value makes up approximately 7.2% of MESIROW FINANCIAL INVESTMENT MANAGEMENT Fixed Income’s holdings, making the stock its 5th biggest holding. MESIROW FINANCIAL INVESTMENT MANAGEMENT Fixed Income’s holdings in Vanguard Russell 1000 Value were worth $7,053,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new position in Vanguard Russell 1000 Value during the 4th quarter valued at about $25,000. WFA Asset Management Corp bought a new position in Vanguard Russell 1000 Value in the fourth quarter valued at approximately $26,000. Lee Danner & Bass Inc. acquired a new stake in Vanguard Russell 1000 Value during the 4th quarter worth $30,000. Crews Bank & Trust bought a new stake in shares of Vanguard Russell 1000 Value during the 4th quarter valued at $46,000. Finally, Legacy Investment Solutions LLC acquired a new position in shares of Vanguard Russell 1000 Value in the 4th quarter valued at $49,000.

Vanguard Russell 1000 Value Trading Up 0.4 %

NASDAQ VONV opened at $77.40 on Friday. Vanguard Russell 1000 Value has a 12 month low of $71.68 and a 12 month high of $87.97. The stock has a 50-day simple moving average of $81.59 and a 200 day simple moving average of $83.22. The company has a market capitalization of $10.84 billion, a PE ratio of 18.43 and a beta of 0.89.

Vanguard Russell 1000 Value Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.3843 per share. This represents a $1.54 annualized dividend and a yield of 1.99%. The ex-dividend date was Tuesday, March 25th.

Vanguard Russell 1000 Value 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.