Wealthquest Corp Sells 41,469 Shares of Vanguard Russell 1000 Growth ETF $VONG

Wealthquest Corp cut its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 6.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 582,273 shares of the company’s stock after selling 41,469 shares during the quarter. Vanguard Russell 1000 Growth ETF accounts for 5.4% of Wealthquest Corp’s investment portfolio, making the stock its 5th largest position. Wealthquest Corp owned approximately 0.20% of Vanguard Russell 1000 Growth ETF worth $70,892,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. First National Trust Co lifted its holdings in Vanguard Russell 1000 Growth ETF by 8.1% during the 4th quarter. First National Trust Co now owns 43,929 shares of the company’s stock worth $5,348,000 after buying an additional 3,297 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 16.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,748 shares of the company’s stock worth $335,000 after buying an additional 384 shares in the last quarter. New Millennium Group LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 125.0% during the 4th quarter. New Millennium Group LLC now owns 62,340 shares of the company’s stock worth $7,590,000 after buying an additional 34,633 shares in the last quarter. Americana Partners LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 7.0% during the 4th quarter. Americana Partners LLC now owns 36,485 shares of the company’s stock worth $4,442,000 after buying an additional 2,377 shares in the last quarter. Finally, Axxcess Wealth Management LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 52.0% during the 4th quarter. Axxcess Wealth Management LLC now owns 10,666 shares of the company’s stock worth $1,298,000 after buying an additional 3,649 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Vanguard Russell 1000 Growth ETF stock opened at $128.62 on Monday. The firm has a market cap of $43.87 billion, a PE ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 52-week low of $99.91 and a 52-week high of $129.73. The company’s 50 day moving average is $118.73 and its two-hundred day moving average is $119.63.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were issued a $0.1418 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Tuesday, March 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.