Cary Street Partners Financial LLC Cuts Stock Position in Vanguard Russell 1000 Growth ETF $VONG

Cary Street Partners Financial LLC lessened its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 5.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 90,935 shares of the company’s stock after selling 4,972 shares during the quarter. Cary Street Partners Financial LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $11,071,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of VONG. Quent Long Short Global Small Cap Fund LP purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter worth $128,233,000. Raymond James Financial Inc. grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 16.8% during the second quarter. Raymond James Financial Inc. now owns 3,705,989 shares of the company’s stock worth $404,694,000 after buying an additional 534,216 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF by 11.5% during the 4th quarter. Sequoia Financial Advisors LLC now owns 3,545,177 shares of the company’s stock valued at $431,625,000 after acquiring an additional 364,951 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of Vanguard Russell 1000 Growth ETF by 150.2% during the 2nd quarter. Captrust Financial Advisors now owns 583,763 shares of the company’s stock valued at $63,747,000 after acquiring an additional 350,429 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Vanguard Russell 1000 Growth ETF by 8.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,031,762 shares of the company’s stock valued at $485,265,000 after acquiring an additional 320,907 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG stock opened at $128.62 on Tuesday. The company’s 50-day moving average price is $119.02 and its 200-day moving average price is $119.66. The stock has a market cap of $43.87 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a twelve month low of $99.91 and a twelve month high of $129.73.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were given a dividend of $0.1418 per share. This represents a $0.57 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, March 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.