TCV Trust & Wealth Management Inc. Decreases Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

TCV Trust & Wealth Management Inc. trimmed its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 7.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,614 shares of the company’s stock after selling 2,177 shares during the quarter. TCV Trust & Wealth Management Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in VONG. Avantax Advisory Services Inc. grew its stake in shares of Vanguard Russell 1000 Growth ETF by 0.6% during 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 during the last quarter. LPL Financial LLC grew its position 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 during the last quarter. TIAA Trust National Association increased its stake 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 valued at $432,077,000 after purchasing an additional 146,165 shares in the last quarter. Sequoia Financial Advisors LLC raised 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 worth $310,932,000 after buying an additional 39,480 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 0.8% during the third quarter. Commonwealth Equity Services LLC now owns 2,054,868 shares of the company’s stock valued at $198,336,000 after buying an additional 16,377 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ VONG opened at $98.61 on Friday. The stock’s fifty day moving average price is $95.28 and its 200 day moving average price is $91.83. Vanguard Russell 1000 Growth ETF has a 1 year low of $65.85 and a 1 year high of $99.38. The company has a market cap of $22.98 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors 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 dividend 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.