Vanguard Russell 1000 Growth ETF $VONG Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lowered its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 61.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,299 shares of the company’s stock after selling 31,356 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,350,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Wealth Advisory Team LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at approximately $5,269,000. Thrivent Financial for Lutherans purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at approximately $13,133,000. Cornerstone Wealth Management LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 4.3% in the fourth quarter. Cornerstone Wealth Management LLC now owns 5,557 shares of the company’s stock valued at $677,000 after buying an additional 230 shares in the last quarter. Berman McAleer LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 10.6% in the fourth quarter. Berman McAleer LLC now owns 7,410 shares of the company’s stock valued at $902,000 after buying an additional 710 shares in the last quarter. Finally, Western Wealth Management LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 3.8% in the fourth quarter. Western Wealth Management LLC now owns 26,161 shares of the company’s stock valued at $3,185,000 after buying an additional 960 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Vanguard Russell 1000 Growth ETF stock opened at $129.32 on Wednesday. Vanguard Russell 1000 Growth ETF has a 1-year low of $101.40 and a 1-year high of $129.84. The company has a market cap of $44.11 billion, a PE ratio of 33.25 and a beta of 1.16. The stock’s 50 day moving average price is $119.35 and its 200 day moving average price is $119.70.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were paid a $0.1418 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.4%. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Tuesday, March 24th.

Vanguard Russell 1000 Growth ETF Company 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.