Gilliland Jeter Wealth Management LLC Acquires New Shares in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Gilliland Jeter Wealth Management LLC acquired a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 3,311 shares of the company’s stock, valued at approximately $258,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Avantax Advisory Services Inc. lifted its position in Vanguard Russell 1000 Growth ETF by 114.4% during the 3rd quarter. Avantax Advisory Services Inc. now owns 10,661,133 shares of the company’s stock worth $729,648,000 after acquiring an additional 5,689,290 shares during the last quarter. LPL Financial LLC boosted its position in Vanguard Russell 1000 Growth ETF by 3.7% in the third quarter. LPL Financial LLC now owns 4,923,244 shares of the company’s stock valued at $336,947,000 after buying an additional 175,601 shares in the last quarter. Morgan Stanley lifted its position in shares of Vanguard Russell 1000 Growth ETF by 0.9% during the third quarter. Morgan Stanley now owns 4,773,262 shares of the company’s stock worth $326,682,000 after purchasing an additional 43,855 shares in the last quarter. TIAA Trust National Association lifted its position in shares of Vanguard Russell 1000 Growth ETF by 1.4% during the fourth quarter. TIAA Trust National Association now owns 4,274,074 shares of the company’s stock worth $333,463,000 after purchasing an additional 57,382 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Vanguard Russell 1000 Growth ETF by 7.5% during the third quarter. Envestnet Asset Management Inc. now owns 3,881,900 shares of the company’s stock worth $265,677,000 after purchasing an additional 270,168 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of VONG stock traded up $1.47 during trading hours on Friday, reaching $84.37. 550,396 shares of the company were exchanged, compared to its average volume of 866,040. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $62.08 and a fifty-two week high of $87.75. The stock’s fifty day moving average is $85.22 and its two-hundred day moving average is $79.19. The company has a market cap of $18.75 billion, a price-to-earnings ratio of 37.21 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were given a dividend of $0.155 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.73%.

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.