PNC Financial Services Group Inc. Decreases Stake in Vanguard Russell 1000 Value ETF $VONV

PNC Financial Services Group Inc. trimmed its holdings in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 6.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 724,515 shares of the company’s stock after selling 47,334 shares during the period. PNC Financial Services Group Inc.’s holdings in Vanguard Russell 1000 Value ETF were worth $67,916,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in VONV. Allspring Global Investments Holdings LLC boosted its holdings in Vanguard Russell 1000 Value ETF by 29.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 75,009 shares of the company’s stock worth $6,985,000 after buying an additional 17,173 shares in the last quarter. Aaron Wealth Advisors LLC increased its holdings in shares of Vanguard Russell 1000 Value ETF by 8.2% in the fourth quarter. Aaron Wealth Advisors LLC now owns 876,547 shares of the company’s stock valued at $80,905,000 after buying an additional 66,229 shares in the last quarter. WestHill Financial Advisors Inc. increased its holdings in shares of Vanguard Russell 1000 Value ETF by 0.7% in the fourth quarter. WestHill Financial Advisors Inc. now owns 751,666 shares of the company’s stock valued at $69,379,000 after buying an additional 5,403 shares in the last quarter. Aspiriant LLC lifted its position in shares of Vanguard Russell 1000 Value ETF by 79.9% during the 4th quarter. Aspiriant LLC now owns 72,300 shares of the company’s stock valued at $6,673,000 after acquiring an additional 32,109 shares during the last quarter. Finally, Winthrop Advisory Group LLC acquired a new stake in shares of Vanguard Russell 1000 Value ETF during the 4th quarter valued at $716,000.

Vanguard Russell 1000 Value ETF Stock Down 0.5%

NASDAQ:VONV opened at $107.96 on Friday. Vanguard Russell 1000 Value ETF has a 1-year low of $84.13 and a 1-year high of $109.85. The firm has a market capitalization of $20.23 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. The stock has a fifty day simple moving average of $106.00 and a 200 day simple moving average of $100.31.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a dividend of $0.4102 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.5%.

About Vanguard Russell 1000 Value ETF

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.