Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Shares Sold by LVW Advisors LLC

LVW Advisors LLC reduced its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 1.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 466,478 shares of the company’s stock after selling 8,543 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up approximately 5.7% of LVW Advisors LLC’s portfolio, making the stock its 3rd biggest position. LVW Advisors LLC owned 0.20% of Vanguard Russell 1000 Growth ETF worth $45,024,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VONG. Freedom Investment Management Inc. grew its position in shares of Vanguard Russell 1000 Growth ETF by 11.8% during the fourth quarter. Freedom Investment Management Inc. now owns 38,449 shares of the company’s stock worth $3,000,000 after buying an additional 4,067 shares in the last quarter. Wellington Wealth Strategies LLC. purchased a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter worth approximately $307,000. Polen Capital Management LLC purchased a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter worth approximately $2,595,000. Scarborough Advisors LLC purchased a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter worth approximately $203,000. Finally, EP Wealth Advisors LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 55.3% during the fourth quarter. EP Wealth Advisors LLC now owns 2,540 shares of the company’s stock worth $198,000 after purchasing an additional 904 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 0.1 %

VONG stock traded up $0.10 during trading on Friday, hitting $97.69. 108,772 shares of the company’s stock were exchanged, compared to its average volume of 825,649. The business has a 50-day moving average price of $93.31 and a two-hundred day moving average price of $90.88. The stock has a market capitalization of $22.76 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 52-week low of $65.85 and a 52-week high of $98.46.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.139 per share. This represents a $0.56 annualized dividend and a yield of 0.57%. The ex-dividend date was Thursday, September 26th.

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.