Wealth Enhancement Advisory Services LLC Buys 34,083 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Wealth Enhancement Advisory Services LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 9.4% during the first quarter, Holdings Channel reports. The institutional investor owned 398,397 shares of the company’s stock after purchasing an additional 34,083 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $34,529,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 1,145.6% during the third quarter. O Shaughnessy Asset Management LLC now owns 51,791 shares of the company’s stock valued at $3,545,000 after purchasing an additional 47,633 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 12.9% during the third quarter. Truist Financial Corp now owns 1,627,835 shares of the company’s stock valued at $111,409,000 after purchasing an additional 186,629 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 21.0% during the third quarter. Ameriprise Financial Inc. now owns 2,977,796 shares of the company’s stock valued at $203,871,000 after purchasing an additional 517,435 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 0.9% during the third quarter. Morgan Stanley now owns 4,773,262 shares of the company’s stock valued at $326,682,000 after purchasing an additional 43,855 shares during the last quarter. Finally, Moneta Group Investment Advisors LLC lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 210.6% during the third quarter. Moneta Group Investment Advisors LLC now owns 21,726 shares of the company’s stock valued at $1,487,000 after purchasing an additional 14,731 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Up 0.3 %

Shares of VONG stock traded up $0.25 during trading hours on Thursday, hitting $94.47. 687,456 shares of the company’s stock traded hands, compared to its average volume of 858,927. The stock has a market cap of $20.99 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The stock’s fifty day simple moving average is $88.41 and its two-hundred day simple moving average is $84.49. Vanguard Russell 1000 Growth ETF has a 12-month low of $65.85 and a 12-month high of $95.03.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Thursday, June 27th will be given a dividend of $0.141 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend is Thursday, June 27th.

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.