Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Shares Sold by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. decreased its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 2.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 516,707 shares of the company’s stock after selling 12,233 shares during the period. Vanguard Russell 1000 Growth ETF accounts for approximately 3.7% of Valley Wealth Managers Inc.’s holdings, making the stock its largest position. Valley Wealth Managers Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $49,873,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. LPL Financial LLC boosted its holdings in Vanguard Russell 1000 Growth ETF by 2.1% during the second quarter. LPL Financial LLC now owns 4,690,967 shares of the company’s stock worth $440,060,000 after buying an additional 94,966 shares during the last quarter. TIAA Trust National Association lifted its stake in Vanguard Russell 1000 Growth ETF by 3.3% in the 2nd quarter. TIAA Trust National Association now owns 4,605,875 shares of the company’s stock valued at $432,077,000 after acquiring an additional 146,165 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Vanguard Russell 1000 Growth ETF by 1.2% during the second quarter. Sequoia Financial Advisors LLC now owns 3,314,479 shares of the company’s stock worth $310,932,000 after purchasing an additional 39,480 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 0.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,054,868 shares of the company’s stock valued at $198,336,000 after acquiring an additional 16,377 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of Vanguard Russell 1000 Growth ETF by 18.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,704,787 shares of the company’s stock worth $159,926,000 after purchasing an additional 264,005 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Down 1.3 %

Shares of Vanguard Russell 1000 Growth ETF stock traded down $1.30 during trading on Friday, hitting $100.60. 74,813 shares of the stock were exchanged, compared to its average volume of 808,409. Vanguard Russell 1000 Growth ETF has a 1-year low of $73.71 and a 1-year high of $103.15. The stock has a market capitalization of $23.44 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The company has a fifty day moving average price of $96.89 and a 200-day moving average price of $93.28.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.139 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.56 annualized dividend and a yield of 0.55%.

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.