Belpointe Asset Management LLC Has $1.20 Million Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Belpointe Asset Management LLC lessened its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 23.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,639 shares of the company’s stock after selling 3,907 shares during the quarter. Belpointe Asset Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,195,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VONG. Raymond James Financial Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter worth approximately $307,101,000. Janney Montgomery Scott LLC bought a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter worth $180,769,000. Wealthfront Advisers LLC acquired a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $511,000. Wells Fargo & Company MN boosted its holdings in Vanguard Russell 1000 Growth ETF by 11.7% in the 4th quarter. Wells Fargo & Company MN now owns 3,695,628 shares of the company’s stock valued at $381,758,000 after purchasing an additional 386,910 shares during the period. Finally, Prudential Financial Inc. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 34.0% during the 4th quarter. Prudential Financial Inc. now owns 1,409,802 shares of the company’s stock worth $145,633,000 after purchasing an additional 357,319 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ VONG opened at $90.73 on Tuesday. Vanguard Russell 1000 Growth ETF has a twelve month low of $79.40 and a twelve month high of $107.97. The stock has a market cap of $23.81 billion, a PE ratio of 31.13 and a beta of 1.08. The firm has a 50-day simple moving average of $97.11 and a 200 day simple moving average of $100.44.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.1366 per share. This represents a $0.55 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend was Tuesday, March 25th.

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.