Wedbush Securities Inc. Has $2.42 Million Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Wedbush Securities Inc. boosted its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 311.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 25,806 shares of the company’s stock after acquiring an additional 19,537 shares during the quarter. Wedbush Securities Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,421,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Cetera Investment Advisers boosted its holdings in Vanguard Russell 1000 Growth ETF by 291.0% during the first quarter. Cetera Investment Advisers now owns 481,296 shares of the company’s stock worth $41,714,000 after purchasing an additional 358,214 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Vanguard Russell 1000 Growth ETF by 18.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,704,787 shares of the company’s stock valued at $159,926,000 after purchasing an additional 264,005 shares during the last quarter. Pacific Life Fund Advisors LLC bought a new position in Vanguard Russell 1000 Growth ETF during the second quarter valued at $23,994,000. Osaic Holdings Inc. lifted its holdings in Vanguard Russell 1000 Growth ETF by 86.5% during the first quarter. Osaic Holdings Inc. now owns 467,442 shares of the company’s stock valued at $40,518,000 after purchasing an additional 216,787 shares during the last quarter. Finally, Edge Capital Group LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter valued at approximately $14,848,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ VONG opened at $90.14 on Tuesday. The stock has a fifty day moving average of $92.85 and a 200-day moving average of $89.38. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $65.85 and a fifty-two week high of $98.46. The stock has a market cap of $20.16 billion, a PE ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were issued a $0.141 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.56 annualized dividend and a dividend yield of 0.63%.

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.