Bank of America Corp DE Boosts Stake in Vanguard Russell 1000 Growth ETF $VONG

Bank of America Corp DE lifted its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 48.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,119,779 shares of the company’s stock after buying an additional 24,863,877 shares during the quarter. Vanguard Russell 1000 Growth ETF comprises 0.6% of Bank of America Corp DE’s portfolio, making the stock its 28th biggest holding. Bank of America Corp DE owned 22.32% of Vanguard Russell 1000 Growth ETF worth $8,349,579,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in VONG. Valpey Financial Services LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF by 11,768.8% in the fourth quarter. Valpey Financial Services LLC now owns 1,737,121 shares of the company’s stock worth $211,494,000 after purchasing an additional 1,722,485 shares during the period. Jabodon PT Co. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $177,692,000. Quent Long Short Global Small Cap Fund LP bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $128,233,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $123,378,000. Finally, Fifth Third Bancorp lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 111.7% during the 1st quarter. Fifth Third Bancorp now owns 1,247,760 shares of the company’s stock valued at $136,867,000 after buying an additional 658,343 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG stock opened at $117.42 on Thursday. The stock has a fifty day simple moving average of $125.91 and a two-hundred day simple moving average of $120.95. The firm has a market capitalization of $41.23 billion, a PE ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 52-week low of $105.22 and a 52-week high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

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