M&T Bank Corp Sells 53,930 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

M&T Bank Corp cut its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 12.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 385,858 shares of the company’s stock after selling 53,930 shares during the quarter. M&T Bank Corp owned 0.18% of Vanguard Russell 1000 Growth ETF worth $30,105,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of VONG. Blue Trust Inc. grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 1,990.0% in the fourth quarter. Blue Trust Inc. now owns 418 shares of the company’s stock valued at $33,000 after acquiring an additional 398 shares in the last quarter. AlphaCore Capital LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter valued at $40,000. Tompkins Financial Corp bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth $49,000. Valley National Advisers Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth about $75,000. Finally, Global Trust Asset Management LLC purchased a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter worth about $99,000.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ VONG traded up $1.44 on Friday, hitting $85.25. 604,177 shares of the stock traded hands, compared to its average volume of 856,427. The firm has a market capitalization of $18.95 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The business’s fifty day moving average is $85.20 and its two-hundred day moving average is $79.65. Vanguard Russell 1000 Growth ETF has a 12 month low of $62.10 and a 12 month high of $87.75.

Vanguard Russell 1000 Growth ETF Cuts Dividend

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

Vanguard Russell 1000 Growth ETF Company Profile

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.