Yarger Wealth Strategies LLC Has $18.14 Million Position in Vanguard Russell 1000 Growth ETF $VONG

Yarger Wealth Strategies LLC trimmed its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 12.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 166,142 shares of the company’s stock after selling 24,281 shares during the quarter. Vanguard Russell 1000 Growth ETF comprises about 9.5% of Yarger Wealth Strategies LLC’s portfolio, making the stock its biggest holding. Yarger Wealth Strategies LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $18,143,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brown Advisory Inc. grew its holdings in Vanguard Russell 1000 Growth ETF by 3.2% in the 1st quarter. Brown Advisory Inc. now owns 7,156 shares of the company’s stock worth $664,000 after buying an additional 219 shares in the last quarter. Blair William & Co. IL grew its holdings in Vanguard Russell 1000 Growth ETF by 3.2% in the 1st quarter. Blair William & Co. IL now owns 16,104 shares of the company’s stock worth $1,494,000 after buying an additional 497 shares in the last quarter. Michels Family Financial LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 3.2% in the 2nd quarter. Michels Family Financial LLC now owns 28,896 shares of the company’s stock worth $3,155,000 after buying an additional 903 shares in the last quarter. Spire Wealth Management grew its holdings in Vanguard Russell 1000 Growth ETF by 337.9% in the 1st quarter. Spire Wealth Management now owns 2,080 shares of the company’s stock worth $193,000 after buying an additional 1,605 shares in the last quarter. Finally, Bare Financial Services Inc grew its holdings in Vanguard Russell 1000 Growth ETF by 9.8% in the 1st quarter. Bare Financial Services Inc now owns 67,594 shares of the company’s stock worth $6,272,000 after buying an additional 6,053 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ VONG opened at $118.20 on Monday. The stock has a fifty day moving average price of $117.20 and a two-hundred day moving average price of $106.88. The firm has a market cap of $31.98 billion, a P/E ratio of 33.25 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 1 year low of $79.39 and a 1 year high of $122.66.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were paid a dividend of $0.1419 per share. This represents a $0.57 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, September 24th. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13.

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.