Bank of Montreal Can Has $69.71 Million Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Bank of Montreal Can lowered its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 5.8% during the third quarter, Holdings Channel reports. The fund owned 725,189 shares of the company’s stock after selling 44,608 shares during the quarter. Bank of Montreal Can’s holdings in Vanguard Russell 1000 Growth ETF were worth $69,712,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in VONG. Abound Wealth Management acquired a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at $27,000. Rothschild Investment LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the second quarter valued at $31,000. Mather Group LLC. acquired a new position in Vanguard Russell 1000 Growth ETF during the second quarter valued at $35,000. Eastern Bank purchased a new stake in Vanguard Russell 1000 Growth ETF in the 3rd quarter worth about $35,000. Finally, Adirondack Trust Co. acquired a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter worth about $43,000.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ:VONG opened at $101.78 on Thursday. The stock’s 50-day moving average is $98.65 and its two-hundred day moving average is $94.41. The stock has a market cap of $23.72 billion, a PE ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $73.93 and a fifty-two week high of $103.15.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.139 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.56 annualized dividend and a yield of 0.55%.

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.