NewEdge Advisors LLC Lowers Holdings in Vanguard Russell 1000 Growth ETF $VONG

NewEdge Advisors LLC trimmed its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 6.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 330,187 shares of the company’s stock after selling 24,132 shares during the period. NewEdge Advisors LLC owned 0.10% of Vanguard Russell 1000 Growth ETF worth $36,218,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in VONG. Asset Management One Co. Ltd. raised its position in shares of 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 worth $65,000 after buying an additional 84 shares in the last quarter. Wealthfront Advisers LLC grew its position in Vanguard Russell 1000 Growth ETF by 3.6% during the first quarter. Wealthfront Advisers LLC now owns 2,587 shares of the company’s stock worth $284,000 after buying an additional 89 shares in the last quarter. Cedar Point Capital Partners LLC increased its stake in 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 during the last quarter. Evolution Wealth Management Inc. increased its stake in Vanguard Russell 1000 Growth ETF by 11.0% in 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. raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 2.9% in the 3rd quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock valued at $427,000 after acquiring an additional 100 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Down 0.3%

NASDAQ:VONG opened at $127.16 on Friday. The stock has a market cap of $44.65 billion, a P/E ratio of 33.25 and a beta of 1.16. The business’s 50-day moving average price is $125.41 and its two-hundred day moving average price is $121.08. Vanguard Russell 1000 Growth ETF has a twelve month low of $105.22 and a twelve month high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.