Wells Fargo & Company MN Buys 386,910 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Wells Fargo & Company MN boosted its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 11.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,695,628 shares of the company’s stock after purchasing an additional 386,910 shares during the quarter. Wells Fargo & Company MN owned about 1.52% of Vanguard Russell 1000 Growth ETF worth $381,758,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in VONG. Lokken Investment Group LLC increased its stake in Vanguard Russell 1000 Growth ETF by 1.8% in the fourth quarter. Lokken Investment Group LLC now owns 5,420 shares of the company’s stock valued at $560,000 after acquiring an additional 96 shares during the last quarter. Axxcess Wealth Management LLC grew its position in Vanguard Russell 1000 Growth ETF by 4.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 2,204 shares of the company’s stock worth $228,000 after acquiring an additional 99 shares during the last quarter. Roffman Miller Associates Inc. PA increased its stake in shares of Vanguard Russell 1000 Growth ETF by 0.3% in the third quarter. Roffman Miller Associates Inc. PA now owns 36,996 shares of the company’s stock worth $3,571,000 after buying an additional 103 shares during the period. Black Point Wealth Management boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 1.0% during the fourth quarter. Black Point Wealth Management now owns 12,191 shares of the company’s stock worth $1,259,000 after purchasing an additional 126 shares during the period. Finally, Bogart Wealth LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 2.7% in the 4th quarter. Bogart Wealth LLC now owns 6,790 shares of the company’s stock worth $701,000 after buying an additional 181 shares during the period.

Vanguard Russell 1000 Growth ETF Trading Down 5.8 %

Shares of Vanguard Russell 1000 Growth ETF stock opened at $83.88 on Friday. Vanguard Russell 1000 Growth ETF has a 12-month low of $81.08 and a 12-month high of $107.97. The company’s fifty day simple moving average is $99.90 and its two-hundred day simple moving average is $100.85. The company has a market cap of $22.01 billion, a P/E ratio of 31.13 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a $0.1366 dividend. This represents a $0.55 annualized dividend and a dividend yield of 0.65%. The ex-dividend date of this dividend was Tuesday, March 25th.

Vanguard Russell 1000 Growth ETF 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.