Janney Montgomery Scott LLC Grows Position in Vanguard Russell 1000 Growth ETF $VONG

Janney Montgomery Scott LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 13.9% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,803,853 shares of the company’s stock after acquiring an additional 220,766 shares during the period. Janney Montgomery Scott LLC owned 0.53% of Vanguard Russell 1000 Growth ETF worth $197,865,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of VONG. Bank of America Corp DE lifted its stake in Vanguard Russell 1000 Growth ETF by 51.7% in the 4th quarter. Bank of America Corp DE now owns 51,255,902 shares of the company’s stock worth $6,240,406,000 after purchasing an additional 17,473,802 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 6.4% in the fourth quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock worth $995,208,000 after purchasing an additional 494,747 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Vanguard Russell 1000 Growth ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,229,899 shares of the company’s stock worth $514,990,000 after buying an additional 245,413 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Vanguard Russell 1000 Growth ETF by 8.6% in the third quarter. Ameriprise Financial Inc. now owns 4,031,762 shares of the company’s stock worth $485,265,000 after buying an additional 320,907 shares in the last quarter. Finally, UBS Group AG boosted its stake in Vanguard Russell 1000 Growth ETF by 0.8% during the third quarter. UBS Group AG now owns 3,994,158 shares of the company’s stock valued at $481,296,000 after buying an additional 29,877 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 0.4%

Shares of Vanguard Russell 1000 Growth ETF stock opened at $122.12 on Friday. The firm has a market cap of $41.65 billion, a PE ratio of 33.25 and a beta of 1.16. The stock has a 50 day moving average of $126.13 and a 200 day moving average of $120.60. Vanguard Russell 1000 Growth ETF has a 12 month low of $105.22 and a 12 month high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a dividend of $0.1592 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.