Private Advisor Group LLC Purchases 6,304 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Private Advisor Group LLC boosted its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 7.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 91,428 shares of the company’s stock after acquiring an additional 6,304 shares during the quarter. Private Advisor Group LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $7,133,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Avantax Advisory Services Inc. increased its stake in shares of Vanguard Russell 1000 Growth ETF by 114.4% in the 3rd quarter. Avantax Advisory Services Inc. now owns 10,661,133 shares of the company’s stock valued at $729,648,000 after purchasing an additional 5,689,290 shares during the last quarter. LPL Financial LLC raised its stake in Vanguard Russell 1000 Growth ETF by 3.7% during the third quarter. LPL Financial LLC now owns 4,923,244 shares of the company’s stock worth $336,947,000 after acquiring an additional 175,601 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 0.9% in the third quarter. Morgan Stanley now owns 4,773,262 shares of the company’s stock worth $326,682,000 after acquiring an additional 43,855 shares during the last quarter. TIAA Trust National Association boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 1.4% in the 4th quarter. TIAA Trust National Association now owns 4,274,074 shares of the company’s stock valued at $333,463,000 after purchasing an additional 57,382 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 7.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,881,900 shares of the company’s stock valued at $265,677,000 after purchasing an additional 270,168 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Trading Down 0.3 %

NASDAQ:VONG traded down $0.30 on Wednesday, hitting $86.07. The company had a trading volume of 75,834 shares, compared to its average volume of 838,544. Vanguard Russell 1000 Growth ETF has a 52 week low of $63.34 and a 52 week high of $87.75. The stock has a market capitalization of $19.13 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The firm has a 50 day moving average of $85.26 and a two-hundred day moving average of $80.03.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were paid a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date was Thursday, March 21st.

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.