Hilltop Holdings Inc. Reduces Stake in Vanguard Russell 1000 Growth ETF $VONG

Hilltop Holdings Inc. lessened its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 88.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,657 shares of the company’s stock after selling 21,080 shares during the quarter. Hilltop Holdings Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $291,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 51.7% in the fourth quarter. Bank of America Corp DE now owns 51,255,902 shares of the company’s stock worth $6,240,406,000 after buying an additional 17,473,802 shares in the last quarter. Valpey Financial Services LLC grew its stake in Vanguard Russell 1000 Growth ETF by 11,768.8% during the fourth quarter. Valpey Financial Services LLC now owns 1,737,121 shares of the company’s stock valued at $211,494,000 after acquiring an additional 1,722,485 shares in the last quarter. Jabodon PT Co. purchased a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $177,692,000. Quent Long Short Global Small Cap Fund LP bought a new stake in Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $128,233,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $123,378,000.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ VONG opened at $119.91 on Wednesday. The company’s 50 day simple moving average is $126.13 and its two-hundred day simple moving average is $120.98. The stock has a market capitalization of $42.11 billion, a PE ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 1 year low of $105.22 and a 1 year high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.