Vanguard Russell 1000 Growth ETF $VONG Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC reduced its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 13.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 90,838 shares of the company’s stock after selling 14,102 shares during the period. Merit Financial Group LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $9,920,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Proathlete Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $35,000. Greykasell Wealth Strategies Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $35,000. Mather Group LLC. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $37,000. ORG Wealth Partners LLC grew its position in shares of Vanguard Russell 1000 Growth ETF by 1,671.4% in the second quarter. ORG Wealth Partners LLC now owns 372 shares of the company’s stock valued at $40,000 after purchasing an additional 351 shares in the last quarter. Finally, Montag A & Associates Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $47,000.

Vanguard Russell 1000 Growth ETF Price Performance

VONG stock opened at $120.92 on Monday. The business has a 50 day simple moving average of $116.39 and a 200-day simple moving average of $106.02. The firm has a market capitalization of $33.03 billion, a PE 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 $121.89.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Wednesday, September 24th were issued a $0.1419 dividend. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13. This represents a $0.57 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Wednesday, September 24th.

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.