PNC Financial Services Group Inc. Raises Stock Position in Vanguard Russell 1000 Growth ETF $VONG

PNC Financial Services Group Inc. grew its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 4.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 960,375 shares of the company’s stock after acquiring an additional 41,377 shares during the period. PNC Financial Services Group Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $105,344,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of VONG. Investment Research & Advisory Group Inc. bought a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter worth approximately $25,000. Glen Eagle Advisors LLC bought a new stake in Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $25,000. Triumph Capital Management raised its position in Vanguard Russell 1000 Growth ETF by 208.6% during the 4th quarter. Triumph Capital Management now owns 216 shares of the company’s stock valued at $26,000 after purchasing an additional 146 shares in the last quarter. Harbor Investment Advisory LLC lifted its holdings in shares of 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 worth $30,000 after buying an additional 214 shares during the period. Finally, Quadrant Capital Group LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth $32,000.

Vanguard Russell 1000 Growth ETF Trading Down 0.4%

VONG opened at $124.44 on Thursday. Vanguard Russell 1000 Growth ETF has a 12-month low of $105.22 and a 12-month high of $132.94. The business’s fifty day simple moving average is $126.70 and its 200-day simple moving average is $121.01. The company has a market capitalization of $43.70 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16.

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 paid a $0.1592 dividend. This represents a $0.64 dividend on an annualized basis and a 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 of this dividend was Thursday, June 18th.

Vanguard Russell 1000 Growth ETF Company 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.