Fifth Third Bancorp Acquires 33,609 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Fifth Third Bancorp raised its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 10.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 367,349 shares of the company’s stock after acquiring an additional 33,609 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Russell 1000 Growth ETF were worth $34,461,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Avantax Advisory Services Inc. boosted its position in shares of Vanguard Russell 1000 Growth ETF by 0.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 10,765,467 shares of the company’s stock worth $933,043,000 after purchasing an additional 60,374 shares during the last quarter. TIAA Trust National Association grew its position in shares of Vanguard Russell 1000 Growth ETF by 4.3% during the 1st quarter. TIAA Trust National Association now owns 4,459,710 shares of the company’s stock worth $386,523,000 after buying an additional 185,636 shares during the period. Wells Fargo & Company MN increased its stake in shares of Vanguard Russell 1000 Growth ETF by 5.1% in the 4th quarter. Wells Fargo & Company MN now owns 3,421,311 shares of the company’s stock valued at $266,931,000 after acquiring an additional 166,104 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Vanguard Russell 1000 Growth ETF by 1.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,314,479 shares of the company’s stock valued at $310,932,000 after acquiring an additional 39,480 shares during the period. Finally, UBS Group AG boosted its stake in Vanguard Russell 1000 Growth ETF by 1.8% during the 4th quarter. UBS Group AG now owns 3,138,539 shares of the company’s stock worth $244,869,000 after acquiring an additional 56,956 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Up 0.4 %

NASDAQ VONG traded up $0.38 during trading on Wednesday, reaching $95.03. 496,007 shares of the stock traded hands, compared to its average volume of 839,279. The stock’s 50-day moving average price is $93.17 and its 200 day moving average price is $88.49. The firm has a market cap of $21.25 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $65.85 and a fifty-two week high of $98.46.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were given a $0.141 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend was Thursday, June 27th.

About Vanguard Russell 1000 Growth ETF

The Vanguard Russell 1000 Growth ETF (VONG) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with high growth characteristics, based on Russell’s style methodology. VONG was launched on Sep 20, 2010 and is managed by Vanguard.