XML Financial LLC Increases Stock Position in Vanguard Russell 1000 Growth ETF $VONG

XML Financial LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 19.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,164 shares of the company’s stock after purchasing an additional 6,930 shares during the period. XML Financial LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $5,517,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in Vanguard Russell 1000 Growth ETF by 48.5% in the 1st quarter. Bank of America Corp DE now owns 76,119,779 shares of the company’s stock worth $8,349,579,000 after buying an additional 24,863,877 shares in the last quarter. LPL Financial LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF by 6.4% during the fourth quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock valued at $995,208,000 after acquiring an additional 494,747 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Vanguard Russell 1000 Growth ETF by 6.2% during the fourth quarter. Wells Fargo & Company MN now owns 4,229,899 shares of the company’s stock valued at $514,990,000 after acquiring an additional 245,413 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Vanguard Russell 1000 Growth ETF by 7.3% during the second quarter. Ameriprise Financial Inc. now owns 3,710,855 shares of the company’s stock worth $405,968,000 after acquiring an additional 251,712 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Vanguard Russell 1000 Growth ETF by 16.8% during the second quarter. Raymond James Financial Inc. now owns 3,705,989 shares of the company’s stock worth $404,694,000 after acquiring an additional 534,216 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ:VONG opened at $124.81 on Wednesday. Vanguard Russell 1000 Growth ETF has a one year low of $105.22 and a one year high of $132.94. The business’s 50-day simple moving average is $125.23 and its 200 day simple moving average is $122.05. The stock has a market cap of $43.83 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16.

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 issued a dividend of $0.1592 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.64 annualized dividend and a yield of 0.5%. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.