Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Shares Sold by Highland Financial Advisors LLC

Highland Financial Advisors LLC lowered its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 8.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 218,253 shares of the company’s stock after selling 19,946 shares during the quarter. Vanguard Russell 1000 Growth ETF comprises 7.5% of Highland Financial Advisors LLC’s portfolio, making the stock its 5th largest holding. Highland Financial Advisors LLC owned approximately 0.09% of Vanguard Russell 1000 Growth ETF worth $21,066,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VONG. Abound Wealth Management bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth $27,000. Rothschild Investment LLC bought a new stake in Vanguard Russell 1000 Growth ETF during the second quarter valued at about $31,000. Stuart Chaussee & Associates Inc. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter valued at about $35,000. Mather Group LLC. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the second quarter valued at about $35,000. Finally, Eastern Bank bought a new position in shares of Vanguard Russell 1000 Growth ETF in the third quarter worth about $35,000.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ VONG opened at $96.67 on Tuesday. The stock has a market capitalization of $22.53 billion, a PE ratio of 36.74 and a beta of 1.08. The stock has a 50-day simple moving average of $95.69 and a 200 day simple moving average of $92.44. Vanguard Russell 1000 Growth ETF has a twelve month low of $70.36 and a twelve month high of $99.84.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.139 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.58%.

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.