Crestone Asset Management LLC Cuts Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Crestone Asset Management LLC cut its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 643,892 shares of the company’s stock after selling 46,309 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up 11.3% of Crestone Asset Management LLC’s portfolio, making the stock its largest holding. Crestone Asset Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $50,236,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VONG. Raymond James & Associates grew its holdings in Vanguard Russell 1000 Growth ETF by 8.4% in the 3rd quarter. Raymond James & Associates now owns 570,009 shares of the company’s stock worth $39,011,000 after buying an additional 44,291 shares in the last quarter. Stratos Wealth Partners LTD. lifted its position in shares of Vanguard Russell 1000 Growth ETF by 262.2% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 10,660 shares of the company’s stock valued at $730,000 after acquiring an additional 7,717 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Vanguard Russell 1000 Growth ETF by 0.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 484,942 shares of the company’s stock valued at $33,189,000 after purchasing an additional 2,558 shares during the period. GPS Wealth Strategies Group LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 51.3% during the third quarter. GPS Wealth Strategies Group LLC now owns 2,254 shares of the company’s stock valued at $154,000 after buying an additional 764 shares in the last quarter. Finally, Chicago Partners Investment Group LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 40.2% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 26,817 shares of the company’s stock worth $1,830,000 after acquiring an additional 7,695 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Down 0.2 %

Shares of VONG traded down $0.14 during trading hours on Wednesday, reaching $86.23. The company’s stock had a trading volume of 704,171 shares, compared to its average volume of 845,602. The company has a 50 day moving average of $85.26 and a two-hundred day moving average of $80.03. The firm has a market cap of $19.16 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 1-year low of $63.34 and a 1-year high of $87.75.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.155 per share. This represents a $0.62 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date was Thursday, March 21st.

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.