Financial Advocates Investment Management Lowers Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Financial Advocates Investment Management lessened its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 1.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,963 shares of the company’s stock after selling 195 shares during the quarter. Financial Advocates Investment Management’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of VONG. Liberty Wealth Management LLC lifted its position in shares of Vanguard Russell 1000 Growth ETF by 5,886.5% during the second quarter. Liberty Wealth Management LLC now owns 412,173 shares of the company’s stock worth $38,666,000 after purchasing an additional 405,288 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Vanguard Russell 1000 Growth ETF by 291.0% in the first quarter. Cetera Investment Advisers now owns 481,296 shares of the company’s stock valued at $41,714,000 after buying an additional 358,214 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Vanguard Russell 1000 Growth ETF by 18.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,704,787 shares of the company’s stock valued at $159,926,000 after buying an additional 264,005 shares in the last quarter. Pacific Life Fund Advisors LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the second quarter valued at approximately $23,994,000. Finally, Edge Capital Group LLC increased its position in shares of Vanguard Russell 1000 Growth ETF by 97.9% during the second quarter. Edge Capital Group LLC now owns 444,221 shares of the company’s stock worth $41,672,000 after purchasing an additional 219,736 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Up 0.7 %

Shares of NASDAQ:VONG opened at $96.91 on Friday. The business has a fifty day moving average of $95.64 and a two-hundred day moving average of $92.22. The stock has a market cap of $22.58 billion, a P/E ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 52-week low of $69.16 and a 52-week high of $99.84.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.139 per share. This represents a $0.56 annualized dividend and a yield of 0.57%. 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.