Vance Wealth Inc. Sells 2,463 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Vance Wealth Inc. lessened its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 2.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 115,381 shares of the company’s stock after selling 2,463 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up 3.9% of Vance Wealth Inc.’s holdings, making the stock its 5th largest position. Vance Wealth Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $9,002,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Thomasville National Bank increased its stake in shares of Vanguard Russell 1000 Growth ETF by 0.9% during the 4th quarter. Thomasville National Bank now owns 17,425 shares of the company’s stock worth $1,359,000 after purchasing an additional 162 shares during the last quarter. Perigon Wealth Management LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 1.1% during the 3rd quarter. Perigon Wealth Management LLC now owns 15,376 shares of the company’s stock worth $1,052,000 after purchasing an additional 169 shares during the last quarter. USAdvisors Wealth Management LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 2.0% during the 3rd quarter. USAdvisors Wealth Management LLC now owns 10,743 shares of the company’s stock worth $735,000 after purchasing an additional 214 shares during the last quarter. Keystone Financial Group increased its stake in shares of Vanguard Russell 1000 Growth ETF by 4.3% during the 3rd quarter. Keystone Financial Group now owns 5,422 shares of the company’s stock worth $371,000 after purchasing an additional 222 shares during the last quarter. Finally, Hoylecohen LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 4.4% during the 3rd quarter. Hoylecohen LLC now owns 5,342 shares of the company’s stock worth $366,000 after purchasing an additional 226 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Up 1.8 %

Shares of VONG traded up $1.47 during mid-day trading on Friday, hitting $84.37. 550,396 shares of the company’s stock were exchanged, compared to its average volume of 866,040. Vanguard Russell 1000 Growth ETF has a twelve month low of $62.08 and a twelve month high of $87.75. The firm has a fifty day moving average of $85.22 and a two-hundred day moving average of $79.25. The stock 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 company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were paid a $0.155 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.62 dividend on an annualized basis and a yield of 0.73%.

About Vanguard Russell 1000 Growth ETF

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.