Precedent Wealth Partners LLC Decreases Position in Vanguard Russell 1000 Growth ETF $VONG

Precedent Wealth Partners LLC lessened its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 9.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 7,980 shares of the company’s stock after selling 835 shares during the quarter. Precedent Wealth Partners LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $871,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Proathlete Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $35,000. Greykasell Wealth Strategies Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at $35,000. Mather Group LLC. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at $37,000. ORG Wealth Partners LLC increased its position in shares of Vanguard Russell 1000 Growth ETF by 1,671.4% in the 2nd quarter. ORG Wealth Partners LLC now owns 372 shares of the company’s stock valued at $40,000 after acquiring an additional 351 shares during the period. Finally, Montag A & Associates Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at $47,000.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ VONG opened at $120.92 on Friday. The stock’s fifty day moving average price is $116.39 and its 200 day moving average price is $105.87. Vanguard Russell 1000 Growth ETF has a 1 year low of $79.39 and a 1 year high of $121.89. The company has a market cap of $33.03 billion, a price-to-earnings ratio of 33.25 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were given a dividend of $0.1419 per share. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a $0.57 annualized dividend and a yield of 0.5%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13.

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.