Hsbc Holdings PLC Sells 20,488 Shares of Vanguard Russell 1000 Growth ETF $VONG

Hsbc Holdings PLC trimmed its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 54.5% during the first quarter, Holdings Channel.com reports. The institutional investor owned 17,092 shares of the company’s stock after selling 20,488 shares during the period. Hsbc Holdings PLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,875,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in Vanguard Russell 1000 Growth ETF by 51.7% in the fourth quarter. Bank of America Corp DE now owns 51,255,902 shares of the company’s stock valued at $6,240,406,000 after acquiring an additional 17,473,802 shares during the last quarter. Valpey Financial Services LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 11,768.8% during the 4th quarter. Valpey Financial Services LLC now owns 1,737,121 shares of the company’s stock worth $211,494,000 after purchasing an additional 1,722,485 shares during the last quarter. Jabodon PT Co. acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth about $177,692,000. Quent Long Short Global Small Cap Fund LP bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at about $128,233,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at about $123,378,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ:VONG opened at $121.16 on Monday. Vanguard Russell 1000 Growth ETF has a 52-week low of $105.22 and a 52-week high of $132.94. The company has a market capitalization of $42.55 billion, a P/E ratio of 33.25 and a beta of 1.16. The company has a 50-day simple moving average of $126.41 and a 200 day simple moving average of $121.01.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a $0.1592 dividend. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.64 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, June 18th.

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.