Silvercrest Asset Management Group LLC Has $107.82 Million Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Silvercrest Asset Management Group LLC lifted its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 2.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,043,798 shares of the company’s stock after acquiring an additional 29,208 shares during the period. Vanguard Russell 1000 Growth ETF comprises about 0.7% of Silvercrest Asset Management Group LLC’s holdings, making the stock its 26th biggest position. Silvercrest Asset Management Group LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $107,824,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Legacy Investment Solutions LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter worth $42,000. Sound Income Strategies LLC raised its stake in shares of Vanguard Russell 1000 Growth ETF by 3,291.7% during the fourth quarter. Sound Income Strategies LLC now owns 407 shares of the company’s stock valued at $42,000 after acquiring an additional 395 shares during the last quarter. Investment Counsel Co. of Nevada acquired a new stake in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at $51,000. Providence First Trust Co acquired a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter worth about $62,000. Finally, Measured Risk Portfolios Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at about $64,000.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ:VONG opened at $102.75 on Friday. The company has a market capitalization of $26.96 billion, a PE ratio of 32.77 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $79.40 and a fifty-two week high of $107.97. The company has a 50 day simple moving average of $93.07 and a two-hundred day simple moving average of $99.90.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.1366 per share. This represents a $0.55 annualized dividend and a yield of 0.53%. 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.