Lido Advisors LLC Cuts Stock Position in Vanguard Russell 1000 Growth ETF $VONG

Lido Advisors LLC lowered its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 357,676 shares of the company’s stock after selling 19,712 shares during the period. Lido Advisors LLC owned about 0.12% of Vanguard Russell 1000 Growth ETF worth $43,478,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. TAGStone Capital Inc. boosted its position in Vanguard Russell 1000 Growth ETF by 1.3% in the fourth quarter. TAGStone Capital Inc. now owns 38,005 shares of the company’s stock worth $4,627,000 after purchasing an additional 487 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Vanguard Russell 1000 Growth ETF by 7.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 579,537 shares of the company’s stock worth $70,559,000 after purchasing an additional 41,637 shares during the last quarter. Root Financial Partners LLC boosted its position in Vanguard Russell 1000 Growth ETF by 168.4% in the fourth quarter. Root Financial Partners LLC now owns 4,053 shares of the company’s stock worth $493,000 after purchasing an additional 2,543 shares during the last quarter. One Capital Management LLC boosted its position in Vanguard Russell 1000 Growth ETF by 19.1% in the fourth quarter. One Capital Management LLC now owns 170,656 shares of the company’s stock worth $20,777,000 after purchasing an additional 27,325 shares during the last quarter. Finally, COFG Advisors LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter worth $3,626,000.

Vanguard Russell 1000 Growth ETF Trading Down 1.3%

VONG stock opened at $130.32 on Thursday. The stock’s fifty day simple moving average is $121.59 and its two-hundred day simple moving average is $120.07. Vanguard Russell 1000 Growth ETF has a 1-year low of $103.39 and a 1-year high of $132.94. The stock has a market cap of $44.45 billion, a P/E ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were paid a $0.1418 dividend. The ex-dividend date was Tuesday, March 24th. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a dividend yield of 0.4%.

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.