World Equity Group Inc. Decreases Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

World Equity Group Inc. lessened its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 22.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,991 shares of the company’s stock after selling 1,406 shares during the period. World Equity Group Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $482,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Cedar Point Capital Partners LLC purchased a new position in Vanguard Russell 1000 Growth ETF during the third quarter worth approximately $207,000. Carmichael Hill & Associates Inc. grew its stake in shares of Vanguard Russell 1000 Growth ETF by 0.5% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 34,074 shares of the company’s stock valued at $3,289,000 after buying an additional 172 shares during the period. Princeton Global Asset Management LLC acquired a new stake in Vanguard Russell 1000 Growth ETF during the third quarter worth $1,057,000. Farther Finance Advisors LLC increased its position in shares of Vanguard Russell 1000 Growth ETF by 1,604.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 11,180 shares of the company’s stock worth $1,079,000 after purchasing an additional 10,524 shares during the last quarter. Finally, Americana Partners LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter valued at approximately $1,229,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG traded up $0.13 during midday trading on Monday, hitting $97.04. 99,064 shares of the stock were exchanged, compared to its average volume of 811,678. The stock has a fifty day simple moving average of $95.64 and a 200 day simple moving average of $92.34. Vanguard Russell 1000 Growth ETF has a 52-week low of $70.36 and a 52-week high of $99.84. The firm has a market cap of $22.61 billion, a P/E ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

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

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.