First Hawaiian Bank Buys 35,654 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

First Hawaiian Bank grew its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 4.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 823,738 shares of the company’s stock after buying an additional 35,654 shares during the period. Vanguard Russell 1000 Growth ETF accounts for 2.5% of First Hawaiian Bank’s investment portfolio, making the stock its 4th largest holding. First Hawaiian Bank owned about 0.36% of Vanguard Russell 1000 Growth ETF worth $79,507,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Deane Retirement Strategies Inc. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $26,000. Abound Wealth Management purchased a new position in Vanguard Russell 1000 Growth ETF during the 2nd quarter worth $27,000. Rothschild Investment LLC purchased a new position in Vanguard Russell 1000 Growth ETF during the 2nd quarter worth $31,000. YHB Investment Advisors Inc. acquired a new position in Vanguard Russell 1000 Growth ETF in the first quarter valued at $35,000. Finally, Stuart Chaussee & Associates Inc. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the first quarter worth about $35,000.

Vanguard Russell 1000 Growth ETF Trading Up 1.1 %

Shares of NASDAQ VONG traded up $1.05 during midday trading on Friday, reaching $96.44. 647,485 shares of the company were exchanged, compared to its average volume of 832,255. The stock has a market cap of $22.30 billion, a P/E ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 1 year low of $65.85 and a 1 year high of $98.46. The stock has a fifty day simple moving average of $92.83 and a 200 day simple moving average of $90.60.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.139 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.56 annualized dividend and a dividend yield of 0.58%.

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.