Red Cedar Investment Management LLC Sells 29,193 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Red Cedar Investment Management LLC decreased its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 42.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,743 shares of the company’s stock after selling 29,193 shares during the period. Red Cedar Investment Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $3,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Bleakley Financial Group LLC raised its stake in Vanguard Russell 1000 Growth ETF by 40.0% during the 4th quarter. Bleakley Financial Group LLC now owns 7,059 shares of the company’s stock worth $551,000 after acquiring an additional 2,018 shares during the period. Simplicity Solutions LLC lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 40.0% during the 4th quarter. Simplicity Solutions LLC now owns 7,059 shares of the company’s stock valued at $551,000 after buying an additional 2,018 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new position in Vanguard Russell 1000 Growth ETF in the 4th quarter worth $316,000. Raymond James & Associates increased its stake in Vanguard Russell 1000 Growth ETF by 12.4% in the 4th quarter. Raymond James & Associates now owns 640,515 shares of the company’s stock worth $49,973,000 after buying an additional 70,506 shares in the last quarter. Finally, Ritholtz Wealth Management bought a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at about $663,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of Vanguard Russell 1000 Growth ETF stock traded up $1.44 during trading hours on Friday, hitting $85.25. The company’s stock had a trading volume of 604,177 shares, compared to its average volume of 856,427. Vanguard Russell 1000 Growth ETF has a 12-month low of $62.10 and a 12-month high of $87.75. The business has a 50 day moving average price of $85.20 and a two-hundred day moving average price of $79.71. The company has a market cap of $18.95 billion, a PE 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 Tuesday, March 26th. Investors of record on Friday, March 22nd were issued a $0.155 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.62 dividend on an annualized basis and a yield of 0.73%.

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.