Level Four Advisory Services LLC Has $472,000 Stock Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Level Four Advisory Services LLC lowered its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 17.3% during the fourth quarter, Holdings Channel reports. The fund owned 4,573 shares of the company’s stock after selling 956 shares during the period. Level Four Advisory Services LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $472,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VONG. Sound Income Strategies LLC increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 3,291.7% in the fourth quarter. Sound Income Strategies LLC now owns 407 shares of the company’s stock valued at $42,000 after purchasing an additional 395 shares in the last quarter. Eagle Bay Advisors LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 140.7% in the 4th quarter. Eagle Bay Advisors LLC now owns 568 shares of the company’s stock valued at $59,000 after buying an additional 332 shares during the period. Providence First Trust Co bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter worth $62,000. WASHINGTON TRUST Co lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 222.5% during the fourth quarter. WASHINGTON TRUST Co now owns 645 shares of the company’s stock valued at $67,000 after acquiring an additional 445 shares during the period. Finally, Independence Bank of Kentucky acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter valued at $73,000.

Vanguard Russell 1000 Growth ETF Stock Up 0.1 %

Shares of VONG stock opened at $92.79 on Tuesday. The firm has a market cap of $22.50 billion, a price-to-earnings ratio of 31.13 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 12 month low of $81.08 and a 12 month high of $107.97. The stock has a 50-day moving average price of $101.22 and a 200 day moving average price of $101.06.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.1366 per share. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend was Tuesday, March 25th.

About Vanguard Russell 1000 Growth ETF

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.