Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Shares Sold by Etfidea LLC

Etfidea LLC lowered its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 2.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,412 shares of the company’s stock after selling 1,277 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up about 1.5% of Etfidea LLC’s investment portfolio, making the stock its 19th largest holding. Etfidea LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $4,354,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of VONG. Deane Retirement Strategies Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at approximately $26,000. Abound Wealth Management acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the second quarter worth $27,000. Rothschild Investment LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the second quarter worth $31,000. YHB Investment Advisors Inc. bought a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter worth about $35,000. Finally, Stuart Chaussee & Associates Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at about $35,000.

Vanguard Russell 1000 Growth ETF Stock Up 2.4 %

VONG opened at $96.11 on Friday. The company’s 50-day moving average price is $92.37 and its 200 day moving average price is $89.79. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $65.85 and a fifty-two week high of $98.46. The firm has a market cap of $21.50 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were given a dividend of $0.141 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend was Thursday, June 27th.

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.