Kestra Private Wealth Services LLC Raises Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Kestra Private Wealth Services LLC grew its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 13.1% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 196,475 shares of the company’s stock after acquiring an additional 22,781 shares during the period. Kestra Private Wealth Services LLC owned about 0.09% of Vanguard Russell 1000 Growth ETF worth $15,329,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Avantax Advisory Services Inc. grew its stake in Vanguard Russell 1000 Growth ETF by 114.4% in the third quarter. Avantax Advisory Services Inc. now owns 10,661,133 shares of the company’s stock worth $729,648,000 after purchasing an additional 5,689,290 shares during the period. LPL Financial LLC grew its position in shares of Vanguard Russell 1000 Growth ETF by 3.7% in the 3rd quarter. LPL Financial LLC now owns 4,923,244 shares of the company’s stock worth $336,947,000 after buying an additional 175,601 shares during the period. Morgan Stanley increased its stake in shares of Vanguard Russell 1000 Growth ETF by 0.9% in the 3rd 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 in the last quarter. TIAA Trust National Association lifted its position in Vanguard Russell 1000 Growth ETF by 1.4% during the 4th quarter. TIAA Trust National Association now owns 4,274,074 shares of the company’s stock valued at $333,463,000 after acquiring an additional 57,382 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in 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 acquiring an additional 270,168 shares during the period.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ:VONG traded up $0.17 during mid-day trading on Monday, hitting $84.54. 656,548 shares of the company’s stock were exchanged, compared to its average volume of 863,492. The company has a market cap of $18.79 billion, a PE ratio of 37.21 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a one year low of $62.10 and a one year high of $87.75. The business has a fifty day moving average price of $85.23 and a 200 day moving average price of $79.40.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were given a $0.155 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.73%.

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.