Cetera Advisor Networks LLC Acquires 6,119 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Cetera Advisor Networks LLC lifted its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 2.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 311,098 shares of the company’s stock after acquiring an additional 6,119 shares during the quarter. Cetera Advisor Networks LLC owned approximately 0.14% of Vanguard Russell 1000 Growth ETF worth $26,963,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Avantax Advisory Services Inc. lifted its holdings in Vanguard Russell 1000 Growth ETF by 0.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 10,765,467 shares of the company’s stock worth $933,043,000 after purchasing an additional 60,374 shares during the last quarter. TIAA Trust National Association lifted its holdings in Vanguard Russell 1000 Growth ETF by 4.3% during the 1st quarter. TIAA Trust National Association now owns 4,459,710 shares of the company’s stock worth $386,523,000 after purchasing an additional 185,636 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Vanguard Russell 1000 Growth ETF by 5.1% during the 4th quarter. Wells Fargo & Company MN now owns 3,421,311 shares of the company’s stock worth $266,931,000 after purchasing an additional 166,104 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 7.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 3,290,989 shares of the company’s stock worth $256,763,000 after purchasing an additional 215,713 shares during the last quarter. Finally, UBS Group AG lifted its holdings in Vanguard Russell 1000 Growth ETF by 1.8% during the 4th quarter. UBS Group AG now owns 3,138,539 shares of the company’s stock worth $244,869,000 after purchasing an additional 56,956 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ:VONG traded down $1.96 during mid-day trading on Friday, hitting $88.58. 1,102,573 shares of the stock were exchanged, compared to its average volume of 844,456. The stock has a market capitalization of $19.81 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The firm’s 50-day simple moving average is $93.00 and its 200 day simple moving average is $87.57. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $65.85 and a fifty-two week high of $98.46.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were issued a $0.141 dividend. The ex-dividend date was Thursday, June 27th. This represents a $0.56 annualized dividend and a yield of 0.64%.

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.