Truist Financial Corp Decreases Stock Holdings in Vanguard Russell 1000 Growth ETF $VONG

Truist Financial Corp decreased its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 2.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,940,619 shares of the company’s stock after selling 42,374 shares during the period. Truist Financial Corp’s holdings in Vanguard Russell 1000 Growth ETF were worth $236,270,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VONG. Quent Long Short Global Small Cap Fund LP purchased a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at $128,233,000. Raymond James Financial Inc. raised its stake in 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 valued at $404,694,000 after purchasing an additional 534,216 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of Vanguard Russell 1000 Growth ETF by 150.2% in the second quarter. Captrust Financial Advisors now owns 583,763 shares of the company’s stock valued at $63,747,000 after acquiring an additional 350,429 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Vanguard Russell 1000 Growth ETF by 8.6% in the third quarter. Ameriprise Financial Inc. now owns 4,031,762 shares of the company’s stock valued at $485,265,000 after acquiring an additional 320,907 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of Vanguard Russell 1000 Growth ETF by 66.9% in the third quarter. JPMorgan Chase & Co. now owns 791,125 shares of the company’s stock valued at $95,331,000 after acquiring an additional 317,178 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG opened at $123.55 on Monday. Vanguard Russell 1000 Growth ETF has a twelve month low of $94.63 and a twelve month high of $126.83. The company has a market cap of $42.14 billion, a P/E ratio of 33.25 and a beta of 1.16. The company’s fifty day simple moving average is $115.63 and its 200-day simple moving average is $119.19.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were paid a $0.1418 dividend. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 24th.

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.