Wedbush Securities Inc. Has $5.46 Million Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Wedbush Securities Inc. lifted its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 11.2% during the 4th quarter, HoldingsChannel reports. The fund owned 52,824 shares of the company’s stock after purchasing an additional 5,323 shares during the period. Wedbush Securities Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $5,457,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VONG. LPL Financial LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 6.8% during the fourth quarter. LPL Financial LLC now owns 5,525,452 shares of the company’s stock valued at $570,779,000 after purchasing an additional 352,590 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Russell 1000 Growth ETF by 3.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 3,735,457 shares of the company’s stock valued at $385,873,000 after buying an additional 112,803 shares during the period. Wells Fargo & Company MN raised its holdings in Vanguard Russell 1000 Growth ETF by 11.7% in the 4th quarter. Wells Fargo & Company MN now owns 3,695,628 shares of the company’s stock valued at $381,758,000 after buying an additional 386,910 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $307,101,000. Finally, Commonwealth Equity Services LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 7.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,206,093 shares of the company’s stock worth $227,889,000 after acquiring an additional 151,225 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

VONG stock opened at $83.88 on Friday. The company has a market capitalization of $22.01 billion, a P/E ratio of 31.13 and a beta of 1.08. The company has a fifty day moving average price of $99.90 and a 200-day moving average price of $100.85. Vanguard Russell 1000 Growth ETF has a 52-week low of $81.08 and a 52-week high of $107.97.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $0.1366 per share. This represents a $0.55 annualized dividend and a yield of 0.65%. The ex-dividend date of this dividend was Tuesday, March 25th.

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.