Litman Gregory Wealth Management LLC Sells 499 Shares of Vanguard Russell 1000 (NASDAQ:VONE)

Litman Gregory Wealth Management LLC decreased its holdings in shares of Vanguard Russell 1000 (NASDAQ:VONE) by 0.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,976 shares of the company’s stock after selling 499 shares during the period. Vanguard Russell 1000 accounts for about 1.5% of Litman Gregory Wealth Management LLC’s portfolio, making the stock its 16th biggest position. Litman Gregory Wealth Management LLC’s holdings in Vanguard Russell 1000 were worth $15,398,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VONE. BlackRock Inc. boosted its position in shares of Vanguard Russell 1000 by 203.0% during the 1st quarter. BlackRock Inc. now owns 68,822 shares of the company’s stock valued at $14,260,000 after purchasing an additional 46,105 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Vanguard Russell 1000 by 10.6% during the 1st quarter. Cetera Investment Advisers now owns 1,228 shares of the company’s stock valued at $254,000 after purchasing an additional 118 shares in the last quarter. Mariner LLC boosted its position in shares of Vanguard Russell 1000 by 63.3% during the 1st quarter. Mariner LLC now owns 27,400 shares of the company’s stock valued at $5,677,000 after purchasing an additional 10,624 shares in the last quarter. First Republic Investment Management Inc. boosted its position in shares of Vanguard Russell 1000 by 1.0% during the 1st quarter. First Republic Investment Management Inc. now owns 5,563 shares of the company’s stock valued at $1,153,000 after purchasing an additional 56 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in shares of Vanguard Russell 1000 by 5.7% during the 1st quarter. Royal Bank of Canada now owns 29,418 shares of the company’s stock valued at $6,095,000 after purchasing an additional 1,594 shares in the last quarter.

Vanguard Russell 1000 Trading Down 0.7 %

VONE stock traded down $1.63 during trading on Friday, reaching $225.44. 59,220 shares of the stock were exchanged, compared to its average volume of 71,232. The firm’s 50 day moving average is $232.65 and its 200 day moving average is $216.78. Vanguard Russell 1000 has a twelve month low of $183.23 and a twelve month high of $238.89. The firm has a market cap of $4.47 billion, a P/E ratio of 24.83 and a beta of 1.02.

Vanguard Russell 1000 Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were paid a dividend of $0.715 per share. This represents a $2.86 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date was Thursday, March 21st.

Vanguard Russell 1000 Company Profile

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.