Crestone Asset Management LLC Cuts Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Crestone Asset Management LLC lowered its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 6.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 643,892 shares of the company’s stock after selling 46,309 shares during the period. Vanguard Russell 1000 Growth ETF makes up approximately 11.3% of Crestone Asset Management LLC’s investment portfolio, making the stock its biggest holding. Crestone Asset Management LLC owned approximately 0.29% of Vanguard Russell 1000 Growth ETF worth $50,236,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Bleakley Financial Group LLC lifted its position in Vanguard Russell 1000 Growth ETF by 40.0% during the fourth quarter. Bleakley Financial Group LLC now owns 7,059 shares of the company’s stock valued at $551,000 after acquiring an additional 2,018 shares during the last quarter. Simplicity Solutions LLC grew its stake in Vanguard Russell 1000 Growth ETF by 40.0% during the 4th quarter. Simplicity Solutions LLC now owns 7,059 shares of the company’s stock worth $551,000 after buying an additional 2,018 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter worth $316,000. Raymond James & Associates increased its position in Vanguard Russell 1000 Growth ETF by 12.4% during the 4th quarter. Raymond James & Associates now owns 640,515 shares of the company’s stock valued at $49,973,000 after buying an additional 70,506 shares in the last quarter. Finally, Ritholtz Wealth Management purchased a new stake in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $663,000.

Vanguard Russell 1000 Growth ETF Stock Down 0.2 %

Shares of Vanguard Russell 1000 Growth ETF stock traded down $0.14 during midday trading on Wednesday, hitting $86.23. The company had a trading volume of 704,171 shares, compared to its average volume of 845,602. The stock has a market cap of $19.16 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 12-month low of $63.34 and a 12-month high of $87.75. The company has a fifty day simple moving average of $85.26 and a 200 day simple moving average of $80.03.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.155 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.62 annualized dividend and a dividend yield of 0.72%.

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.