Balentine LLC Raises Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Balentine LLC lifted its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 12.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,972 shares of the company’s stock after buying an additional 1,341 shares during the period. Balentine LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,123,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. QRG Capital Management Inc. increased its position in Vanguard Russell 1000 Growth ETF by 43.2% during the fourth quarter. QRG Capital Management Inc. now owns 7,394 shares of the company’s stock worth $577,000 after buying an additional 2,232 shares during the period. RFG Advisory LLC acquired a new stake in Vanguard Russell 1000 Growth ETF during the 1st quarter worth $1,540,000. Main Street Financial Solutions LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 79.4% during the 4th quarter. Main Street Financial Solutions LLC now owns 7,698 shares of the company’s stock worth $601,000 after purchasing an additional 3,406 shares during the period. PNC Financial Services Group Inc. grew its position in Vanguard Russell 1000 Growth ETF by 2.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,076,077 shares of the company’s stock worth $83,956,000 after purchasing an additional 24,918 shares during the last quarter. Finally, Park Avenue Securities LLC increased its stake in Vanguard Russell 1000 Growth ETF by 70.2% in the first quarter. Park Avenue Securities LLC now owns 14,761 shares of the company’s stock valued at $1,279,000 after purchasing an additional 6,089 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG opened at $90.14 on Tuesday. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $65.85 and a fifty-two week high of $98.46. The firm has a 50-day simple moving average of $92.85 and a 200-day simple moving average of $89.38. The company has a market capitalization of $20.16 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were paid a $0.141 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.56 annualized dividend and a dividend yield of 0.63%.

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.