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Beacon Pointe Advisors LLC Cuts Stock Position in Vanguard Russell 1000 (NASDAQ:VONE)

Vanguard Russell 1000 logo with background

Beacon Pointe Advisors LLC lessened its holdings in shares of Vanguard Russell 1000 (NASDAQ:VONE - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,289 shares of the company's stock after selling 1,906 shares during the period. Beacon Pointe Advisors LLC owned 0.59% of Vanguard Russell 1000 worth $31,817,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VONE. Stifel Financial Corp raised its position in Vanguard Russell 1000 by 7.7% in the fourth quarter. Stifel Financial Corp now owns 353,423 shares of the company's stock valued at $94,267,000 after purchasing an additional 25,128 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Vanguard Russell 1000 in the 4th quarter valued at about $72,938,000. Envestnet Asset Management Inc. grew its position in shares of Vanguard Russell 1000 by 4.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 242,244 shares of the company's stock valued at $64,611,000 after buying an additional 10,315 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Vanguard Russell 1000 by 36.0% during the fourth quarter. Wells Fargo & Company MN now owns 226,226 shares of the company's stock worth $60,339,000 after purchasing an additional 59,898 shares in the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of Vanguard Russell 1000 in the fourth quarter valued at approximately $59,823,000.

Vanguard Russell 1000 Trading Up 0.8 %

Shares of VONE opened at $250.06 on Monday. The stock's 50 day moving average is $252.89 and its two-hundred day moving average is $264.54. The firm has a market capitalization of $5.21 billion, a PE ratio of 23.07 and a beta of 1.02. Vanguard Russell 1000 has a twelve month low of $218.75 and a twelve month high of $279.48.

Vanguard Russell 1000 Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.7943 per share. This represents a $3.18 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Tuesday, March 25th.

Vanguard Russell 1000 Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Russell 1000 (NASDAQ:VONE)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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