Zhang Financial LLC Grows Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Zhang Financial LLC boosted its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 3.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,731 shares of the company’s stock after acquiring an additional 1,119 shares during the quarter. Zhang Financial LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $3,446,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Avantax Advisory Services Inc. boosted its holdings in Vanguard Russell 1000 Growth ETF by 0.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 10,765,467 shares of the company’s stock worth $933,043,000 after acquiring an additional 60,374 shares during the period. TIAA Trust National Association raised its position in shares of Vanguard Russell 1000 Growth ETF by 4.3% in the 1st quarter. TIAA Trust National Association now owns 4,459,710 shares of the company’s stock valued at $386,523,000 after purchasing an additional 185,636 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Vanguard Russell 1000 Growth ETF by 5.1% in the 4th quarter. Wells Fargo & Company MN now owns 3,421,311 shares of the company’s stock valued at $266,931,000 after purchasing an additional 166,104 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Vanguard Russell 1000 Growth ETF by 1.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,314,479 shares of the company’s stock valued at $310,932,000 after purchasing an additional 39,480 shares in the last quarter. Finally, UBS Group AG raised its position in shares of Vanguard Russell 1000 Growth ETF by 1.8% in the 4th quarter. UBS Group AG now owns 3,138,539 shares of the company’s stock valued at $244,869,000 after purchasing an additional 56,956 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Up 0.4 %

Shares of VONG traded up $0.39 during trading on Monday, reaching $93.98. The company’s stock had a trading volume of 338,136 shares, compared to its average volume of 840,690. The company has a fifty day moving average of $93.03 and a two-hundred day moving average of $88.31. Vanguard Russell 1000 Growth ETF has a twelve month low of $65.85 and a twelve month high of $98.46. The company has a market cap of $21.02 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were given a $0.141 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date was Thursday, June 27th.

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.