Truist Financial Corp Sells 42,374 Shares of Vanguard Russell 1000 Growth ETF $VONG

Truist Financial Corp decreased its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 2.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,940,619 shares of the company’s stock after selling 42,374 shares during the quarter. Truist Financial Corp owned about 0.65% of Vanguard Russell 1000 Growth ETF worth $236,270,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Asset Management One Co. Ltd. boosted its position in shares of Vanguard Russell 1000 Growth ETF by 19.0% during the fourth quarter. Asset Management One Co. Ltd. now owns 526 shares of the company’s stock worth $65,000 after acquiring an additional 84 shares during the last quarter. Fulton Bank N.A. boosted its position in shares of Vanguard Russell 1000 Growth ETF by 0.6% during the third quarter. Fulton Bank N.A. now owns 13,717 shares of the company’s stock worth $1,653,000 after acquiring an additional 88 shares during the last quarter. Franklin Resources Inc. raised its stake in Vanguard Russell 1000 Growth ETF by 2.9% during the third quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock valued at $427,000 after purchasing an additional 100 shares in the last quarter. Larson Financial Group LLC raised its stake in Vanguard Russell 1000 Growth ETF by 16.0% during the third quarter. Larson Financial Group LLC now owns 763 shares of the company’s stock valued at $92,000 after purchasing an additional 105 shares in the last quarter. Finally, Trust Point Inc. raised its stake in Vanguard Russell 1000 Growth ETF by 2.4% during the fourth quarter. Trust Point Inc. now owns 4,861 shares of the company’s stock valued at $592,000 after purchasing an additional 113 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Vanguard Russell 1000 Growth ETF stock opened at $123.55 on Monday. The company has a market cap of $42.14 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. The firm’s fifty day moving average is $115.63 and its 200 day moving average is $119.19. Vanguard Russell 1000 Growth ETF has a 52-week low of $94.63 and a 52-week high of $126.83.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were paid a dividend of $0.1418 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.57 dividend on an annualized basis and a yield of 0.5%.

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.