Lincoln National Corp Purchases 9,544 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Lincoln National Corp lifted its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 45.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,417 shares of the company’s stock after acquiring an additional 9,544 shares during the quarter. Lincoln National Corp’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,373,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Avantax Advisory Services Inc. lifted its holdings in Vanguard Russell 1000 Growth ETF by 114.4% during the 3rd quarter. Avantax Advisory Services Inc. now owns 10,661,133 shares of the company’s stock valued at $729,648,000 after buying an additional 5,689,290 shares in the last quarter. LPL Financial LLC grew its position in shares of Vanguard Russell 1000 Growth ETF by 3.7% in the 3rd quarter. LPL Financial LLC now owns 4,923,244 shares of the company’s stock worth $336,947,000 after buying an additional 175,601 shares during the last quarter. Morgan Stanley grew its position in Vanguard Russell 1000 Growth ETF by 0.9% during the 3rd quarter. Morgan Stanley now owns 4,773,262 shares of the company’s stock worth $326,682,000 after purchasing an additional 43,855 shares during the last quarter. TIAA Trust National Association grew its position in Vanguard Russell 1000 Growth ETF by 1.4% during the 4th quarter. TIAA Trust National Association now owns 4,274,074 shares of the company’s stock worth $333,463,000 after purchasing an additional 57,382 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in Vanguard Russell 1000 Growth ETF by 7.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,881,900 shares of the company’s stock worth $265,677,000 after purchasing an additional 270,168 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Vanguard Russell 1000 Growth ETF stock traded down $0.09 during trading hours on Wednesday, hitting $86.28. 158,686 shares of the stock traded hands, compared to its average volume of 839,148. Vanguard Russell 1000 Growth ETF has a 1 year low of $63.34 and a 1 year high of $87.75. The stock has a market capitalization of $19.17 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The firm’s 50 day moving average price is $85.26 and its 200-day moving average price is $80.03.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were given a dividend of $0.155 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.62 dividend on an annualized basis and a yield of 0.72%.

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.