Wealthquest Corp Reduces Position in Vanguard Russell 1000 Growth ETF $VONG

Wealthquest Corp lowered its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 5.1% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 552,802 shares of the company’s stock after selling 29,471 shares during the period. Vanguard Russell 1000 Growth ETF makes up approximately 4.3% of Wealthquest Corp’s portfolio, making the stock its 6th biggest holding. Wealthquest Corp’s holdings in Vanguard Russell 1000 Growth ETF were worth $60,637,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of Vanguard Russell 1000 Growth ETF by 48.5% in the first quarter. Bank of America Corp DE now owns 76,119,779 shares of the company’s stock worth $8,349,579,000 after purchasing an additional 24,863,877 shares during the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF by 6.4% during the fourth quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock valued at $995,208,000 after buying an additional 494,747 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Vanguard Russell 1000 Growth ETF by 6.2% during the fourth quarter. Wells Fargo & Company MN now owns 4,229,899 shares of the company’s stock valued at $514,990,000 after buying an additional 245,413 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Vanguard Russell 1000 Growth ETF by 7.3% during the second quarter. Ameriprise Financial Inc. now owns 3,710,855 shares of the company’s stock valued at $405,968,000 after buying an additional 251,712 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Vanguard Russell 1000 Growth ETF by 16.8% during the second quarter. Raymond James Financial Inc. now owns 3,705,989 shares of the company’s stock worth $404,694,000 after buying an additional 534,216 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 0.8%

NASDAQ VONG opened at $121.91 on Friday. The firm has a market capitalization of $42.81 billion, a P/E ratio of 33.25 and a beta of 1.16. The business has a fifty day simple moving average of $125.63 and a 200 day simple moving average of $120.94. Vanguard Russell 1000 Growth ETF has a 12 month low of $105.22 and a 12 month high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a $0.1592 dividend. This represents a $0.64 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 18th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.