NewEdge Advisors LLC Cuts Position in Vanguard Russell 1000 Growth ETF $VONG

NewEdge Advisors LLC lessened its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 6.8% during the first quarter, Holdings Channel reports. The fund owned 330,187 shares of the company’s stock after selling 24,132 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $36,218,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Integrated Investment Consultants LLC boosted its position in Vanguard Russell 1000 Growth ETF by 8.5% during the first quarter. Integrated Investment Consultants LLC now owns 132,198 shares of the company’s stock valued at $14,501,000 after buying an additional 10,374 shares during the period. Cozad Asset Management Inc. grew its stake in shares of Vanguard Russell 1000 Growth ETF by 3.5% during the first quarter. Cozad Asset Management Inc. now owns 50,927 shares of the company’s stock valued at $5,586,000 after buying an additional 1,741 shares during the last quarter. Westshore Wealth LLC increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 12.3% in the first quarter. Westshore Wealth LLC now owns 31,016 shares of the company’s stock worth $3,402,000 after buying an additional 3,388 shares during the period. TrueWealth Financial Partners purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the first quarter worth about $355,000. Finally, Western Wealth Management LLC lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 0.4% in the 1st quarter. Western Wealth Management LLC now owns 26,265 shares of the company’s stock valued at $2,881,000 after acquiring an additional 104 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG stock opened at $127.16 on Friday. The company has a market capitalization of $44.65 billion, a P/E ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $105.22 and a fifty-two week high of $132.94. The stock has a 50 day moving average price of $125.41 and a two-hundred day moving average price of $121.08.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.