Thoroughbred Financial Services LLC Acquires 1,817 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Thoroughbred Financial Services LLC raised its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 11.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 17,854 shares of the company’s stock after acquiring an additional 1,817 shares during the period. Thoroughbred Financial Services LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,844,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VONG. Raymond James Financial Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $307,101,000. Janney Montgomery Scott LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter worth $180,769,000. Wealthfront Advisers LLC purchased a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at $511,000. Prudential Financial Inc. lifted its holdings in Vanguard Russell 1000 Growth ETF by 34.0% in the fourth quarter. Prudential Financial Inc. now owns 1,409,802 shares of the company’s stock valued at $145,633,000 after acquiring an additional 357,319 shares during the period. Finally, LPL Financial LLC boosted its position in Vanguard Russell 1000 Growth ETF by 6.8% in the fourth quarter. LPL Financial LLC now owns 5,525,452 shares of the company’s stock worth $570,779,000 after purchasing an additional 352,590 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Down 5.8 %

NASDAQ VONG opened at $83.88 on Friday. The company has a 50-day moving average price of $99.90 and a 200-day moving average price of $100.85. Vanguard Russell 1000 Growth ETF has a 52 week low of $81.08 and a 52 week high of $107.97. The firm has a market capitalization of $22.01 billion, a P/E ratio of 31.13 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a $0.1366 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.55 annualized dividend and a yield of 0.65%.

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.