Citizens & Northern Corp Has $43.57 Million Position in Vanguard Russell 1000 Growth ETF $VONG

Citizens & Northern Corp reduced its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 4.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 398,999 shares of the company’s stock after selling 19,614 shares during the quarter. Vanguard Russell 1000 Growth ETF comprises 11.7% of Citizens & Northern Corp’s investment portfolio, making the stock its largest position. Citizens & Northern Corp’s holdings in Vanguard Russell 1000 Growth ETF were worth $43,571,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in VONG. LPL Financial LLC lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 19.5% in the first quarter. LPL Financial LLC now owns 6,602,552 shares of the company’s stock valued at $612,651,000 after purchasing an additional 1,077,100 shares in the last quarter. Jones Financial Companies Lllp raised its position in Vanguard Russell 1000 Growth ETF by 1,317.6% in the 1st quarter. Jones Financial Companies Lllp now owns 600,596 shares of the company’s stock valued at $55,681,000 after buying an additional 558,228 shares during the last quarter. SCS Capital Management LLC acquired a new stake in Vanguard Russell 1000 Growth ETF in the 1st quarter valued at approximately $44,778,000. Cynosure Group LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the 1st quarter valued at approximately $23,093,000. Finally, Tolleson Wealth Management Inc. bought a new stake in Vanguard Russell 1000 Growth ETF in the 1st quarter valued at approximately $19,820,000.

Vanguard Russell 1000 Growth ETF Stock Down 0.0%

Shares of VONG opened at $121.56 on Wednesday. The stock has a market capitalization of $32.89 billion, a P/E ratio of 33.25 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a twelve month low of $79.39 and a twelve month high of $122.66. The company has a 50 day moving average of $118.10 and a 200-day moving average of $108.20.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.