Lido Advisors LLC Sells 26,771 Shares of Vanguard Russell 1000 Growth ETF $VONG

Lido Advisors LLC lowered its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 7.5% in the first quarter, HoldingsChannel reports. The firm owned 330,905 shares of the company’s stock after selling 26,771 shares during the period. Lido Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $36,298,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. boosted its position in Vanguard Russell 1000 Growth ETF by 19.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 526 shares of the company’s stock valued at $65,000 after buying an additional 84 shares in the last quarter. Wealthfront Advisers LLC raised its stake in shares of Vanguard Russell 1000 Growth ETF by 3.6% in the first quarter. Wealthfront Advisers LLC now owns 2,587 shares of the company’s stock valued at $284,000 after acquiring an additional 89 shares during the last quarter. Cedar Point Capital Partners LLC boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 3.5% in the 4th quarter. Cedar Point Capital Partners LLC now owns 2,811 shares of the company’s stock worth $342,000 after acquiring an additional 96 shares in the last quarter. Evolution Wealth Management Inc. grew its position in Vanguard Russell 1000 Growth ETF by 11.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 976 shares of the company’s stock worth $107,000 after acquiring an additional 97 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Vanguard Russell 1000 Growth ETF by 2.9% during the 3rd quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock worth $427,000 after acquiring an additional 100 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG opened at $124.44 on Thursday. The stock has a fifty day moving average price of $126.70 and a two-hundred day moving average price of $121.01. Vanguard Russell 1000 Growth ETF has a 52-week low of $105.22 and a 52-week high of $132.94. The company has a market cap of $43.70 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a $0.1592 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Thursday, June 18th.

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.