On September 30, 2023, Stegner Investment Associates Inc. announced a decrease in their stake in Vanguard Russell 1000 (NASDAQ:VONE) during the second quarter. According to the company’s recent Form 13F filing with the Securities and Exchange Commission (SEC), they reduced their ownership by 1.7%. After selling 1,047 shares in the quarter, Stegner Investment Associates Inc. now owns 61,555 shares of Vanguard Russell 1000.
Vanguard Russell 1000 represents approximately 10.2% of Stegner Investment Associates Inc.’s investment portfolio, making it their third largest position. Based on its most recent SEC filing, the firm estimates that its stake in Vanguard Russell 1000 is valued at $12,407,000.
For those interested in learning about other hedge funds holding VONE, HoldingsChannel.com provides up-to-date information on their latest 13F filings and insider trades for Vanguard Russell 1000 (NASDAQ:VONE).
Additionally, Vanguard Russell 1000 recently disclosed a quarterly dividend payment. Shareholders registered as of Friday, September 22nd received a dividend of $0.755 per share on Tuesday, September 26th. This represents an increase from the company’s previous quarterly dividend of $0.69.
The ex-dividend date for this payment was Thursday, September 21st. As a result of the new dividend rate and considering its annualized value of $3.02 per share, shareholders can expect a yield of approximately 1.55%.
It is worth noting that all information mentioned above is accurate as per Stegner Investment Associates Inc.’s most recent SEC filing and reflects data from the specified dates outlined throughout this article.
For further updates and comprehensive information regarding Vanguard Russell 1000 (NASDAQ:VONE), interested parties are encouraged to refer to reliable sources such as official regulatory filings and financial publications.
Hedge Funds and Institutional Investors Show Confidence in Vanguard Russell 1000: A Look at Recent Holdings Modifications
In the world of finance, hedge funds and institutional investors are constantly seeking opportunities to modify their holdings in various companies. This is a routine practice that allows these entities to adapt and optimize their portfolios based on market conditions and investment strategies. One such example can be seen with Zhang Financial LLC and their recent stake in Vanguard Russell 1000.
During the second quarter, Zhang Financial LLC increased its stake in Vanguard Russell 1000 by 2.4%. This move demonstrates their confidence in the company’s potential for growth and value. As a result, Zhang Financial LLC now owns 12,620 shares of the company’s stock, which is currently valued at $2,544,000. This acquisition was made possible through the purchase of an additional 300 shares during the last quarter.
Similarly, Stratos Wealth Advisors LLC also raised its stake in Vanguard Russell 1000 during the second quarter. With a 1.1% increase, they now own 16,138 shares of the company’s stock valued at $3,253,000. This expansion involved acquiring an additional 175 shares during the period to capitalize on potential gains.
Furthermore, CMH Wealth Management LLC entered into Vanguard Russell 1000 as a new investor during the second quarter. Their stake in the company is estimated at approximately $3,421,000. This decision showcases CMH Wealth Management LLC’s belief in Vanguard Russell 1000’s ability to generate substantial returns and evoke favorable market sentiment.
Cherrydale Wealth Management LLC followed suit by increasing its stake in Vanguard Russell 1000 by an impressive 26.4% in the second quarter alone. The firm now boasts ownership of 7,325 shares of the company’s stock valued at $1,476,000 after purchasing an additional 1,528 shares during this period.
Lastly, Cornerstone Wealth Management LLC also recently acquired a new stake in Vanguard Russell 1000 during the second quarter. Their investment is estimated to be valued at approximately $526,000. By entering the market at this time, Cornerstone Wealth Management LLC hopes to capitalize on Vanguard Russell 1000’s potential for growth and profitability.
It is important to note that Vanguard Russell 1000, listed under NASDAQ:VONE, had an opening price of $195.06 on Friday. The stock’s 50-day moving average price stands at $202.40 and its two-hundred day moving average price is $195.69. With a market capitalization of $3.59 billion, the company currently holds a price-to-earnings ratio of 19.30 and a beta of 1.02—a figure that represents its sensitivity to market movements compared to the overall market.
Vanguard Russell 1000 ETF (VONE) is an exchange-traded fund that tracks the performance of the Russell 1000 index—an index consisting of the largest 1000 US companies by market capitalization. Since its launch on September 20, 2010, VONE has been managed by Vanguard—renowned for its expertise in providing investment solutions.
In conclusion, hedge funds and institutional investors are continuously adjusting their holdings based on evolving market trends and investment strategies. This practice allows them to maximize their returns and adapt to changing circumstances within the financial landscape. The recent modifications in holdings for Vanguard Russell 1000 demonstrate these entities’ confidence in its potential as an investment opportunity. As time progresses, it will be intriguing to witness how these investments unfold within the dynamic realm of finance