Prudential Financial Inc. Trims Stock Position in Vanguard Russell 1000 Growth ETF $VONG

Prudential Financial Inc. decreased its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 1.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,264,784 shares of the company’s stock after selling 23,147 shares during the quarter. Prudential Financial Inc. owned 0.47% of Vanguard Russell 1000 Growth ETF worth $138,114,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in VONG. LPL Financial LLC raised its position in Vanguard Russell 1000 Growth ETF by 19.5% in the first quarter. LPL Financial LLC now owns 6,602,552 shares of the company’s stock worth $612,651,000 after acquiring an additional 1,077,100 shares during the period. TIAA Trust National Association increased its stake in shares of Vanguard Russell 1000 Growth ETF by 3.1% in the 2nd quarter. TIAA Trust National Association now owns 4,788,802 shares of the company’s stock worth $522,937,000 after purchasing an additional 146,126 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Vanguard Russell 1000 Growth ETF by 10.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,987,038 shares of the company’s stock worth $435,385,000 after purchasing an additional 362,498 shares during the period. Citigroup Inc. lifted its position in Vanguard Russell 1000 Growth ETF by 3.3% during the first quarter. Citigroup Inc. now owns 3,675,208 shares of the company’s stock valued at $341,023,000 after purchasing an additional 117,686 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 1.1% during the second quarter. Sequoia Financial Advisors LLC now owns 3,283,557 shares of the company’s stock valued at $358,564,000 after purchasing an additional 36,007 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Up 0.6%

Shares of VONG opened at $117.73 on Friday. The business has a 50-day simple moving average of $121.28 and a two-hundred day simple moving average of $113.43. Vanguard Russell 1000 Growth ETF has a 52 week low of $79.39 and a 52 week high of $126.83. The stock has a market cap of $31.85 billion, a price-to-earnings ratio of 33.25 and a beta of 1.12.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were issued a dividend of $0.1419 per share. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13. This represents a $0.57 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, September 24th.

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.