Commerce Bank Increases Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Commerce Bank lifted its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 5.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 375,697 shares of the company’s stock after buying an additional 18,789 shares during the quarter. Commerce Bank’s holdings in Vanguard Russell 1000 Growth ETF were worth $38,809,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Legacy Investment Solutions LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter valued at $42,000. Sound Income Strategies LLC increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 3,291.7% in the fourth quarter. Sound Income Strategies LLC now owns 407 shares of the company’s stock worth $42,000 after purchasing an additional 395 shares during the last quarter. Investment Counsel Co. of Nevada purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter worth about $51,000. Eagle Bay Advisors LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 140.7% during the fourth quarter. Eagle Bay Advisors LLC now owns 568 shares of the company’s stock valued at $59,000 after buying an additional 332 shares during the last quarter. Finally, Providence First Trust Co purchased a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter valued at approximately $62,000.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of VONG opened at $87.90 on Friday. The stock has a market capitalization of $23.07 billion, a price-to-earnings ratio of 31.13 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 1 year low of $79.40 and a 1 year high of $107.97. The business’s 50 day simple moving average is $96.09 and its 200-day simple moving average is $100.23.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.1366 per share. This represents a $0.55 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date of this dividend was Tuesday, March 25th.

Vanguard Russell 1000 Growth ETF Company 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.