Commerce Bank Boosts Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Commerce Bank raised its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 11.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 356,908 shares of the company’s stock after buying an additional 36,957 shares during the quarter. Commerce Bank’s holdings in Vanguard Russell 1000 Growth ETF were worth $34,449,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in Vanguard Russell 1000 Growth ETF by 2.1% during the 2nd quarter. LPL Financial LLC now owns 4,690,967 shares of the company’s stock worth $440,060,000 after acquiring an additional 94,966 shares in the last quarter. TIAA Trust National Association grew its stake in shares of Vanguard Russell 1000 Growth ETF by 3.3% in the second quarter. TIAA Trust National Association now owns 4,605,875 shares of the company’s stock worth $432,077,000 after purchasing an additional 146,165 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 1.2% in the second quarter. Sequoia Financial Advisors LLC now owns 3,314,479 shares of the company’s stock valued at $310,932,000 after buying an additional 39,480 shares during the period. Commonwealth Equity Services LLC lifted its holdings 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 valued at $198,336,000 after buying an additional 16,377 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in Vanguard Russell 1000 Growth ETF by 18.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,704,787 shares of the company’s stock worth $159,926,000 after acquiring an additional 264,005 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 1.1 %

Shares of Vanguard Russell 1000 Growth ETF stock opened at $101.26 on Wednesday. Vanguard Russell 1000 Growth ETF has a 1 year low of $73.93 and a 1 year high of $103.15. The stock has a 50-day moving average price of $97.52 and a 200 day moving average price of $93.71. The company has a market cap of $23.60 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 disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.139 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date was Thursday, September 26th.

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.