Concord Wealth Partners Cuts Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Concord Wealth Partners cut its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 45.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 721 shares of the company’s stock after selling 607 shares during the quarter. Concord Wealth Partners’ holdings in Vanguard Russell 1000 Growth ETF were worth $74,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VONG. LPL Financial LLC raised its holdings in Vanguard Russell 1000 Growth ETF by 10.3% in the 3rd quarter. LPL Financial LLC now owns 5,172,862 shares of the company’s stock worth $499,285,000 after acquiring an additional 481,895 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Vanguard Russell 1000 Growth ETF by 0.8% in the third quarter. Commonwealth Equity Services LLC now owns 2,054,868 shares of the company’s stock worth $198,336,000 after purchasing an additional 16,377 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter valued at $180,769,000. HighTower Advisors LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF by 1.0% during the third quarter. HighTower Advisors LLC now owns 1,442,212 shares of the company’s stock valued at $139,179,000 after buying an additional 13,670 shares during the last quarter. Finally, Wealthquest Corp increased its holdings in Vanguard Russell 1000 Growth ETF by 0.5% in the 4th quarter. Wealthquest Corp now owns 1,274,203 shares of the company’s stock worth $131,625,000 after buying an additional 5,815 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ:VONG opened at $105.31 on Friday. The business has a 50-day simple moving average of $104.80 and a two-hundred day simple moving average of $98.58. The firm has a market cap of $25.54 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $79.90 and a fifty-two week high of $107.96.

Vanguard Russell 1000 Growth ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were given a dividend of $0.1378 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.