Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Shares Bought by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. lifted its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 4.8% during the second quarter, HoldingsChannel.com reports. The fund owned 528,940 shares of the company’s stock after purchasing an additional 24,385 shares during the period. Vanguard Russell 1000 Growth ETF makes up approximately 4.0% of Valley Wealth Managers Inc.’s investment portfolio, making the stock its biggest holding. Valley Wealth Managers Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $49,620,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of VONG. Avantax Advisory Services Inc. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 0.6% in the first quarter. Avantax Advisory Services Inc. now owns 10,765,467 shares of the company’s stock worth $933,043,000 after acquiring an additional 60,374 shares in the last quarter. LPL Financial LLC increased its stake in Vanguard Russell 1000 Growth ETF by 2.1% during the 2nd quarter. LPL Financial LLC now owns 4,690,967 shares of the company’s stock worth $440,060,000 after purchasing an additional 94,966 shares in the last quarter. TIAA Trust National Association raised its holdings in Vanguard Russell 1000 Growth ETF by 3.3% during the 2nd quarter. TIAA Trust National Association now owns 4,605,875 shares of the company’s stock worth $432,077,000 after buying an additional 146,165 shares during the period. Wells Fargo & Company MN lifted its stake in Vanguard Russell 1000 Growth ETF by 5.1% in the fourth quarter. Wells Fargo & Company MN now owns 3,421,311 shares of the company’s stock valued at $266,931,000 after buying an additional 166,104 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 1.2% in the second quarter. Sequoia Financial Advisors LLC now owns 3,314,479 shares of the company’s stock valued at $310,932,000 after buying an additional 39,480 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Up 1.2 %

Shares of NASDAQ:VONG opened at $93.99 on Friday. The firm has a market cap of $21.02 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 12 month low of $65.85 and a 12 month high of $98.46. The company’s fifty day simple moving average is $92.65 and its 200 day simple moving average is $89.47.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were issued a $0.141 dividend. The ex-dividend date was Thursday, June 27th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.60%.

Vanguard Russell 1000 Growth ETF Profile

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.