Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Stock Position Cut by Verum Partners LLC

Verum Partners LLC lessened its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 30.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,987 shares of the company’s stock after selling 8,315 shares during the period. Verum Partners LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,646,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VONG. Deane Retirement Strategies Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF in the 1st quarter valued at about $26,000. Blue Trust Inc. lifted its holdings in Vanguard Russell 1000 Growth ETF by 1,990.0% in the 4th quarter. Blue Trust Inc. now owns 418 shares of the company’s stock valued at $33,000 after acquiring an additional 398 shares during the last quarter. Financial Management Professionals Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF in the 1st quarter valued at about $42,000. Principal Securities Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter valued at about $44,000. Finally, SOA Wealth Advisors LLC. acquired a new stake in Vanguard Russell 1000 Growth ETF in the 1st quarter valued at about $44,000.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ VONG traded up $0.78 on Tuesday, reaching $95.45. The company’s stock had a trading volume of 813,143 shares, compared to its average volume of 860,971. Vanguard Russell 1000 Growth ETF has a twelve month low of $65.85 and a twelve month high of $95.45. The stock has a market cap of $21.21 billion, a PE ratio of 36.74 and a beta of 1.08. The firm’s 50 day moving average is $89.38 and its two-hundred day moving average is $85.05.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were paid a dividend of $0.141 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date was Thursday, June 27th.

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.