Captrust Financial Advisors Trims Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Captrust Financial Advisors reduced its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 7.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 392,567 shares of the company’s stock after selling 31,233 shares during the quarter. Captrust Financial Advisors’ holdings in Vanguard Russell 1000 Growth ETF were worth $34,024,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Deane Retirement Strategies Inc. purchased a new position in Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $26,000. Blue Trust Inc. boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 1,990.0% during the 4th quarter. Blue Trust Inc. now owns 418 shares of the company’s stock valued at $33,000 after buying an additional 398 shares in the last quarter. YHB Investment Advisors Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $35,000. Stuart Chaussee & Associates Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $35,000. Finally, Financial Management Professionals Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $42,000.

Vanguard Russell 1000 Growth ETF Stock Down 1.7 %

Shares of VONG stock traded down $1.58 during mid-day trading on Tuesday, reaching $89.47. 429,705 shares of the company’s stock traded hands, compared to its average volume of 842,999. The company has a market cap of $20.01 billion, a P/E ratio of 36.74 and a beta of 1.08. The company’s 50-day moving average price is $92.87 and its 200-day moving average price is $87.37. Vanguard Russell 1000 Growth ETF has a 12 month low of $65.85 and a 12 month high of $98.46.

Vanguard Russell 1000 Growth ETF Cuts Dividend

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

Vanguard Russell 1000 Growth ETF 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.