Gilliland Jeter Wealth Management LLC Decreases Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Gilliland Jeter Wealth Management LLC decreased its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 8.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,108 shares of the company’s stock after selling 283 shares during the period. Gilliland Jeter Wealth Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $300,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VONG. Fisher Asset Management LLC lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 87.2% in the fourth quarter. Fisher Asset Management LLC now owns 12,333 shares of the company’s stock worth $962,000 after acquiring an additional 5,744 shares in the last quarter. Park Avenue Securities LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 70.2% in the first quarter. Park Avenue Securities LLC now owns 14,761 shares of the company’s stock worth $1,279,000 after buying an additional 6,089 shares during the last quarter. RFG Advisory LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter worth $1,540,000. Charles Schwab Trust Co bought a new position in Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $355,000. Finally, Kingswood Wealth Advisors LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 116.8% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 8,789 shares of the company’s stock worth $762,000 after acquiring an additional 4,735 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of Vanguard Russell 1000 Growth ETF stock opened at $98.54 on Monday. The firm has a market cap of $22.96 billion, a PE ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 1 year low of $65.85 and a 1 year high of $98.98. The firm’s 50-day simple moving average is $94.62 and its 200-day simple moving average is $91.43.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.139 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend was Thursday, September 26th.

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.