Pinnacle Financial Partners Inc Has $6.74 Million Stock Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Pinnacle Financial Partners Inc boosted its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 5.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,863 shares of the company’s stock after acquiring an additional 3,876 shares during the period. Pinnacle Financial Partners Inc’s holdings in Vanguard Russell 1000 Growth ETF were worth $6,743,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Liberty Wealth Management LLC grew its stake in Vanguard Russell 1000 Growth ETF by 5,886.5% during the second quarter. Liberty Wealth Management LLC now owns 412,173 shares of the company’s stock worth $38,666,000 after purchasing an additional 405,288 shares during the period. Cetera Investment Advisers increased its stake in shares of Vanguard Russell 1000 Growth ETF by 291.0% in the 1st quarter. Cetera Investment Advisers now owns 481,296 shares of the company’s stock valued at $41,714,000 after acquiring an additional 358,214 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of Vanguard Russell 1000 Growth ETF by 18.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,704,787 shares of the company’s stock valued at $159,926,000 after acquiring an additional 264,005 shares during the period. Pacific Life Fund Advisors LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at $23,994,000. Finally, Edge Capital Group LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 97.9% during the second quarter. Edge Capital Group LLC now owns 444,221 shares of the company’s stock worth $41,672,000 after acquiring an additional 219,736 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Down 0.1 %

VONG opened at $102.56 on Thursday. The company has a market cap of $23.90 billion, a P/E ratio of 36.74 and a beta of 1.08. The company has a fifty day moving average price of $96.65 and a two-hundred day moving average price of $93.22. Vanguard Russell 1000 Growth ETF has a 1-year low of $73.53 and a 1-year high of $103.15.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company 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. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.56 annualized dividend and a dividend yield of 0.54%.

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.