Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Stock Holdings Lessened by Spectrum Investment Advisors Inc.

Spectrum Investment Advisors Inc. lessened its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 6.7% in the second quarter, Holdings Channel.com reports. The institutional investor owned 26,027 shares of the company’s stock after selling 1,862 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up 1.8% of Spectrum Investment Advisors Inc.’s portfolio, making the stock its 11th largest holding. Spectrum Investment Advisors Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,442,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in VONG. Cetera Investment Advisers lifted its position in shares of Vanguard Russell 1000 Growth ETF by 291.0% during the 1st quarter. Cetera Investment Advisers now owns 481,296 shares of the company’s stock valued at $41,714,000 after acquiring an additional 358,214 shares during the last quarter. First National Trust Co increased its position in Vanguard Russell 1000 Growth ETF by 8,072.2% in the 4th quarter. First National Trust Co now owns 337,103 shares of the company’s stock worth $26,301,000 after buying an additional 332,978 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 18.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,704,787 shares of the company’s stock valued at $159,926,000 after buying an additional 264,005 shares during the period. Osaic Holdings Inc. boosted its position in shares of Vanguard Russell 1000 Growth ETF by 86.5% during the 1st quarter. Osaic Holdings Inc. now owns 467,442 shares of the company’s stock valued at $40,518,000 after acquiring an additional 216,787 shares in the last quarter. Finally, Edge Capital Group LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at $14,848,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ VONG traded up $0.97 during trading on Friday, reaching $94.08. The company had a trading volume of 440,492 shares, compared to its average volume of 833,485. The business’s 50 day moving average price is $93.20 and its 200-day moving average price is $88.99. The stock has a market cap of $21.04 billion, a PE ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 52 week low of $65.85 and a 52 week high of $98.46.

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 issued a dividend of $0.141 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.56 annualized dividend and a yield of 0.60%.

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.