World Investment Advisors Cuts Stock Position in Vanguard Russell 1000 Growth ETF $VONG

World Investment Advisors cut its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 35.9% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 54,060 shares of the company’s stock after selling 30,219 shares during the period. World Investment Advisors’ holdings in Vanguard Russell 1000 Growth ETF were worth $5,930,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Glen Eagle Advisors LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $25,000. Investment Research & Advisory Group Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter worth about $25,000. Triumph Capital Management raised its position in shares of Vanguard Russell 1000 Growth ETF by 208.6% during the 4th quarter. Triumph Capital Management now owns 216 shares of the company’s stock worth $26,000 after purchasing an additional 146 shares during the last quarter. Quadrant Capital Group LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth about $32,000. Finally, Harbor Investment Advisory LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 334.4% in the 1st quarter. Harbor Investment Advisory LLC now owns 278 shares of the company’s stock valued at $30,000 after buying an additional 214 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of Vanguard Russell 1000 Growth ETF stock opened at $124.74 on Friday. Vanguard Russell 1000 Growth ETF has a twelve month low of $105.22 and a twelve month high of $132.94. The firm has a market capitalization of $43.63 billion, a PE ratio of 33.25 and a beta of 1.16. The firm’s 50-day moving average price is $126.52 and its 200 day moving average price is $120.71.

Vanguard Russell 1000 Growth ETF Increases Dividend

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