NewEdge Advisors LLC Trims Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

NewEdge Advisors LLC trimmed its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 0.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 110,342 shares of the company’s stock after selling 451 shares during the quarter. NewEdge Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $10,351,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. RFG Advisory LLC bought a new stake in Vanguard Russell 1000 Growth ETF during the first quarter worth about $1,540,000. Park Avenue Securities LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 70.2% during the first quarter. Park Avenue Securities LLC now owns 14,761 shares of the company’s stock worth $1,279,000 after purchasing an additional 6,089 shares during the last quarter. J.W. Cole Advisors Inc. lifted its stake in Vanguard Russell 1000 Growth ETF by 16.0% during the first quarter. J.W. Cole Advisors Inc. now owns 12,476 shares of the company’s stock worth $1,081,000 after purchasing an additional 1,718 shares during the last quarter. Charles Schwab Trust Co bought a new stake in Vanguard Russell 1000 Growth ETF during the first quarter worth about $355,000. Finally, GSA Capital Partners LLP lifted its stake in Vanguard Russell 1000 Growth ETF by 17.0% during the first quarter. GSA Capital Partners LLP now owns 6,200 shares of the company’s stock worth $537,000 after purchasing an additional 900 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Up 0.4 %

Shares of VONG stock opened at $96.52 on Tuesday. Vanguard Russell 1000 Growth ETF has a 12-month low of $65.85 and a 12-month high of $98.46. The business has a 50-day moving average price of $92.48 and a two-hundred day moving average price of $90.31. The firm has a market cap of $21.59 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. Shareholders 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 yield of 0.58%. The ex-dividend date of this dividend was Thursday, September 26th.

Vanguard Russell 1000 Growth ETF Company 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.