Principal Financial Group Inc. Trims Position in Vanguard Russell 1000 Growth ETF $VONG

Principal Financial Group Inc. decreased its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 26.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 57,186 shares of the company’s stock after selling 20,848 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $6,273,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of VONG. Uptick Partners LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter worth approximately $1,068,000. Procyon Advisors LLC grew its position in Vanguard Russell 1000 Growth ETF by 35.6% during the first quarter. Procyon Advisors LLC now owns 163,154 shares of the company’s stock valued at $17,896,000 after buying an additional 42,804 shares during the period. Pacific Life Fund Advisors LLC grew its position in Vanguard Russell 1000 Growth ETF by 7.0% during the first quarter. Pacific Life Fund Advisors LLC now owns 345,222 shares of the company’s stock valued at $37,867,000 after buying an additional 22,658 shares during the period. International Assets Investment Management LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 108.8% during the first quarter. International Assets Investment Management LLC now owns 1,042 shares of the company’s stock valued at $115,000 after buying an additional 543 shares during the last quarter. Finally, Diversify Wealth Management LLC purchased a new stake in Vanguard Russell 1000 Growth ETF during the first quarter valued at approximately $2,413,000.

Vanguard Russell 1000 Growth ETF Trading Down 0.5%

VONG opened at $120.57 on Tuesday. Vanguard Russell 1000 Growth ETF has a 1-year low of $105.22 and a 1-year high of $132.94. The company has a market capitalization of $42.34 billion, a PE ratio of 33.25 and a beta of 1.16. The firm’s 50 day simple moving average is $126.27 and its two-hundred day simple moving average is $121.00.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.