10,695 Shares in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Acquired by Motive Wealth Advisors

Motive Wealth Advisors bought a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,695 shares of the company’s stock, valued at approximately $927,000. Vanguard Russell 1000 Growth ETF accounts for about 0.6% of Motive Wealth Advisors’ investment portfolio, making the stock its 26th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in VONG. Morgan Stanley increased 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 acquiring an additional 43,855 shares in the last quarter. Diversified Trust Co increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 3.5% during the third quarter. Diversified Trust Co now owns 6,767 shares of the company’s stock valued at $463,000 after acquiring an additional 226 shares in the last quarter. Trust Co. of Vermont bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the third quarter valued at approximately $123,000. Financial Insights Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the third quarter valued at approximately $456,000. Finally, Tompkins Financial Corp bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $49,000.

Vanguard Russell 1000 Growth ETF Trading Up 0.6 %

Vanguard Russell 1000 Growth ETF stock traded up $0.57 during trading on Friday, hitting $96.94. 732,748 shares of the company were exchanged, compared to its average volume of 853,465. The business’s 50 day moving average is $91.51 and its 200 day moving average is $86.02. Vanguard Russell 1000 Growth ETF has a 52 week low of $65.85 and a 52 week high of $98.46. The company has a market capitalization of $21.68 billion, a P/E ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 1st. Investors 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 0.58%.

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.