Balentine LLC Boosts Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Balentine LLC increased its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 75.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,952 shares of the company’s stock after acquiring an additional 8,980 shares during the period. Balentine LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,022,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Liberty Wealth Management LLC raised its stake in shares of Vanguard Russell 1000 Growth ETF by 5,886.5% during the second quarter. Liberty Wealth Management LLC now owns 412,173 shares of the company’s stock worth $38,666,000 after acquiring an additional 405,288 shares in the last quarter. Cetera Investment Advisers raised its position in Vanguard Russell 1000 Growth ETF by 291.0% in the 1st quarter. Cetera Investment Advisers now owns 481,296 shares of the company’s stock worth $41,714,000 after purchasing an additional 358,214 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in Vanguard Russell 1000 Growth ETF by 18.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,704,787 shares of the company’s stock worth $159,926,000 after purchasing an additional 264,005 shares during the last quarter. Pacific Life Fund Advisors LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the second quarter worth $23,994,000. Finally, Edge Capital Group LLC boosted its position in Vanguard Russell 1000 Growth ETF by 97.9% during the second quarter. Edge Capital Group LLC now owns 444,221 shares of the company’s stock valued at $41,672,000 after buying an additional 219,736 shares during the period.

Vanguard Russell 1000 Growth ETF Trading Up 1.4 %

Shares of NASDAQ:VONG opened at $98.04 on Wednesday. The stock has a market capitalization of $22.85 billion, a P/E ratio of 36.74 and a beta of 1.08. The stock’s 50-day moving average price is $95.77 and its 200-day moving average price is $92.55. Vanguard Russell 1000 Growth ETF has a 12-month low of $70.36 and a 12-month high of $99.84.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.139 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.56 annualized dividend and a yield of 0.57%.

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.