Hilltop Holdings Inc. Lowers Position in Vanguard Russell 1000 Growth ETF $VONG

Hilltop Holdings Inc. lessened its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 88.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,657 shares of the company’s stock after selling 21,080 shares during the quarter. Hilltop Holdings Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $291,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VONG. Investment Research & Advisory Group Inc. bought a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth $25,000. Glen Eagle Advisors LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth $25,000. Triumph Capital Management grew its position in Vanguard Russell 1000 Growth ETF by 208.6% in the fourth quarter. Triumph Capital Management now owns 216 shares of the company’s stock worth $26,000 after acquiring an additional 146 shares in the last quarter. Harbor Investment Advisory LLC grew its position in Vanguard Russell 1000 Growth ETF by 334.4% in the first quarter. Harbor Investment Advisory LLC now owns 278 shares of the company’s stock worth $30,000 after acquiring an additional 214 shares in the last quarter. Finally, Quadrant Capital Group LLC bought a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at $32,000.

Vanguard Russell 1000 Growth ETF Stock Down 0.5%

NASDAQ VONG opened at $119.91 on Wednesday. The stock’s 50-day simple moving average is $126.13 and its two-hundred day simple moving average is $120.98. Vanguard Russell 1000 Growth ETF has a twelve month low of $105.22 and a twelve month high of $132.94. The company has a market capitalization of $42.11 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.