Fifth Third Securities Inc. Decreases Stock Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Fifth Third Securities Inc. reduced its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 3.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 128,602 shares of the company’s stock after selling 4,501 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up about 1.1% of Fifth Third Securities Inc.’s holdings, making the stock its 17th largest position. Fifth Third Securities Inc. owned about 0.06% of Vanguard Russell 1000 Growth ETF worth $12,082,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Deane Retirement Strategies Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter worth approximately $26,000. YHB Investment Advisors Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF in the first quarter worth $35,000. Stuart Chaussee & Associates Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF in the first quarter worth $35,000. Mather Group LLC. bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the second quarter valued at $35,000. Finally, Financial Management Professionals Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $42,000.

Vanguard Russell 1000 Growth ETF Stock Up 0.4 %

VONG traded up $0.34 during trading hours on Monday, hitting $89.22. The stock had a trading volume of 852,564 shares, compared to its average volume of 851,683. Vanguard Russell 1000 Growth ETF has a 1 year low of $65.85 and a 1 year high of $98.46. The company’s fifty day simple moving average is $92.82 and its 200 day simple moving average is $87.93. The stock has a market cap of $19.95 billion, a PE ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were given a dividend of $0.141 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.56 dividend on an annualized basis and a yield of 0.63%.

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.