Concord Wealth Partners Acquires 607 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Concord Wealth Partners increased its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 84.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,328 shares of the company’s stock after purchasing an additional 607 shares during the period. Concord Wealth Partners’ holdings in Vanguard Russell 1000 Growth ETF were worth $128,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Avantax Advisory Services Inc. increased its holdings in Vanguard Russell 1000 Growth ETF by 0.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 10,765,467 shares of the company’s stock valued at $933,043,000 after acquiring an additional 60,374 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 2.1% in the second quarter. LPL Financial LLC now owns 4,690,967 shares of the company’s stock valued at $440,060,000 after purchasing an additional 94,966 shares in the last quarter. TIAA Trust National Association increased its position in Vanguard Russell 1000 Growth ETF by 3.3% in the second quarter. TIAA Trust National Association now owns 4,605,875 shares of the company’s stock worth $432,077,000 after purchasing an additional 146,165 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in Vanguard Russell 1000 Growth ETF by 1.2% during the second quarter. Sequoia Financial Advisors LLC now owns 3,314,479 shares of the company’s stock valued at $310,932,000 after purchasing an additional 39,480 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in Vanguard Russell 1000 Growth ETF by 0.8% during the third quarter. Commonwealth Equity Services LLC now owns 2,054,868 shares of the company’s stock valued at $198,336,000 after purchasing an additional 16,377 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Up 0.1 %

Shares of NASDAQ:VONG opened at $98.72 on Tuesday. The firm has a fifty day simple moving average of $95.28 and a two-hundred day simple moving average of $91.87. Vanguard Russell 1000 Growth ETF has a 52 week low of $66.63 and a 52 week high of $99.43. The stock has a market capitalization of $23.00 billion, a P/E ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

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

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.