Nadler Financial Group Inc. Has $46.12 Million Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Nadler Financial Group Inc. lowered its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 2.7% in the fourth quarter, HoldingsChannel reports. The fund owned 591,077 shares of the company’s stock after selling 16,603 shares during the period. Vanguard Russell 1000 Growth ETF accounts for approximately 6.2% of Nadler Financial Group Inc.’s investment portfolio, making the stock its 6th largest holding. Nadler Financial Group Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $46,116,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Avantax Advisory Services Inc. increased its holdings in Vanguard Russell 1000 Growth ETF by 114.4% in the third quarter. Avantax Advisory Services Inc. now owns 10,661,133 shares of the company’s stock valued at $729,648,000 after purchasing an additional 5,689,290 shares during the last quarter. LPL Financial LLC grew its stake in Vanguard Russell 1000 Growth ETF by 3.7% in the third quarter. LPL Financial LLC now owns 4,923,244 shares of the company’s stock valued at $336,947,000 after acquiring an additional 175,601 shares during the period. Morgan Stanley grew its stake in Vanguard Russell 1000 Growth ETF by 0.9% in the third quarter. Morgan Stanley now owns 4,773,262 shares of the company’s stock valued at $326,682,000 after acquiring an additional 43,855 shares during the period. TIAA Trust National Association grew its stake in Vanguard Russell 1000 Growth ETF by 1.4% in the fourth quarter. TIAA Trust National Association now owns 4,274,074 shares of the company’s stock valued at $333,463,000 after acquiring an additional 57,382 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in Vanguard Russell 1000 Growth ETF by 7.5% in the third quarter. Envestnet Asset Management Inc. now owns 3,881,900 shares of the company’s stock valued at $265,677,000 after acquiring an additional 270,168 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ:VONG traded up $1.49 on Friday, reaching $84.39. The company’s stock had a trading volume of 242,031 shares, compared to its average volume of 862,003. Vanguard Russell 1000 Growth ETF has a 1-year low of $62.08 and a 1-year high of $87.75. The firm has a market cap of $18.75 billion, a PE ratio of 37.21 and a beta of 1.08. The business’s 50-day moving average price is $85.20 and its two-hundred day moving average price is $79.09.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 22nd were paid a $0.155 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.62 dividend on an annualized basis and a yield of 0.73%.

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.