Wealthquest Corp Boosts Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Wealthquest Corp lifted its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 5.0% in the third quarter, HoldingsChannel.com reports. The fund owned 1,268,388 shares of the company’s stock after purchasing an additional 60,822 shares during the period. Vanguard Russell 1000 Growth ETF accounts for 10.6% of Wealthquest Corp’s holdings, making the stock its 2nd biggest position. Wealthquest Corp’s holdings in Vanguard Russell 1000 Growth ETF were worth $120,839,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the stock. LPL Financial LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 10.3% in the third quarter. LPL Financial LLC now owns 5,172,862 shares of the company’s stock valued at $499,285,000 after acquiring an additional 481,895 shares during the period. TIAA Trust National Association grew its holdings in Vanguard Russell 1000 Growth ETF by 3.3% during the second quarter. TIAA Trust National Association now owns 4,605,875 shares of the company’s stock valued at $432,077,000 after purchasing an additional 146,165 shares during the period. Commonwealth Equity Services LLC increased its position in 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 buying an additional 16,377 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised 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 worth $159,926,000 after buying an additional 264,005 shares during the period. Finally, HighTower Advisors LLC lifted its position in shares of Vanguard Russell 1000 Growth ETF by 1.0% during the 3rd 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 in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of VONG stock opened at $107.03 on Thursday. The company has a market capitalization of $24.94 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The company’s fifty day moving average price is $100.36 and its 200-day moving average price is $95.56. Vanguard Russell 1000 Growth ETF has a one year low of $75.57 and a one year high of $107.13.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.139 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend was Thursday, September 26th.

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.