Cetera Investment Advisers Sells 719,133 Shares of Vanguard Russell 1000 Growth ETF $VONG

Cetera Investment Advisers trimmed its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 7.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,492,332 shares of the company’s stock after selling 719,133 shares during the period. Vanguard Russell 1000 Growth ETF accounts for approximately 1.1% of Cetera Investment Advisers’ holdings, making the stock its 11th largest holding. Cetera Investment Advisers’ holdings in Vanguard Russell 1000 Growth ETF were worth $1,041,214,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Apella Capital LLC increased its position in Vanguard Russell 1000 Growth ETF by 18.8% in the 4th quarter. Apella Capital LLC now owns 273,676 shares of the company’s stock valued at $33,320,000 after acquiring an additional 43,231 shares in the last quarter. City Holding Co. bought a new position in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter worth about $1,206,000. Concurrent Investment Advisors LLC lifted its position in shares of Vanguard Russell 1000 Growth ETF by 100.7% during the fourth quarter. Concurrent Investment Advisors LLC now owns 21,372 shares of the company’s stock worth $2,602,000 after purchasing an additional 10,723 shares in the last quarter. Winthrop Advisory Group LLC lifted its position in shares of Vanguard Russell 1000 Growth ETF by 386.5% during the fourth quarter. Winthrop Advisory Group LLC now owns 61,791 shares of the company’s stock worth $7,523,000 after purchasing an additional 49,091 shares in the last quarter. Finally, Bare Financial Services Inc lifted its position in shares of Vanguard Russell 1000 Growth ETF by 7.9% during the fourth quarter. Bare Financial Services Inc now owns 91,866 shares of the company’s stock worth $11,185,000 after purchasing an additional 6,698 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

VONG opened at $124.44 on Thursday. The stock has a market capitalization of $43.70 billion, a P/E ratio of 33.25 and a beta of 1.16. The company’s 50 day simple moving average is $126.70 and its 200-day simple moving average is $121.01. Vanguard Russell 1000 Growth ETF has a one year low of $105.22 and a one year high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a dividend of $0.1592 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.64 annualized dividend and a yield of 0.5%. 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.