AE Wealth Management LLC Buys 30,914 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

AE Wealth Management LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 312.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 40,811 shares of the company’s stock after purchasing an additional 30,914 shares during the quarter. AE Wealth Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $3,829,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of VONG. Avantax Advisory Services Inc. increased its position in Vanguard Russell 1000 Growth ETF by 0.6% during the first quarter. Avantax Advisory Services Inc. now owns 10,765,467 shares of the company’s stock valued at $933,043,000 after acquiring an additional 60,374 shares during the last quarter. LPL Financial LLC raised its position in Vanguard Russell 1000 Growth ETF by 2.1% in the 2nd quarter. LPL Financial LLC now owns 4,690,967 shares of the company’s stock worth $440,060,000 after purchasing an additional 94,966 shares during the period. TIAA Trust National Association lifted its stake in Vanguard Russell 1000 Growth ETF by 3.3% in the second quarter. TIAA Trust National Association now owns 4,605,875 shares of the company’s stock worth $432,077,000 after purchasing an additional 146,165 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF by 1.2% during the second quarter. Sequoia Financial Advisors LLC now owns 3,314,479 shares of the company’s stock valued at $310,932,000 after buying an additional 39,480 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF by 8.8% during the second quarter. Commonwealth Equity Services LLC now owns 2,038,491 shares of the company’s stock valued at $191,231,000 after buying an additional 165,029 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ VONG opened at $95.89 on Monday. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $65.85 and a fifty-two week high of $98.46. The company has a market cap of $21.45 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The business’s 50 day moving average price is $92.35 and its 200-day moving average price is $89.94.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced 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. The ex-dividend date was Thursday, June 27th. This represents a $0.56 annualized dividend and a dividend yield of 0.59%.

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.