Flagship Wealth Advisors LLC Reduces Holdings in Vanguard Russell 1000 Growth ETF $VONG

Flagship Wealth Advisors LLC lowered its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 90.4% in the first quarter, HoldingsChannel.com reports. The fund owned 2,495 shares of the company’s stock after selling 23,533 shares during the quarter. Flagship Wealth Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $272,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Apella Capital LLC increased its position in Vanguard Russell 1000 Growth ETF by 18.8% during the 4th quarter. Apella Capital LLC now owns 273,676 shares of the company’s stock worth $33,320,000 after purchasing an additional 43,231 shares in the last quarter. City Holding Co. purchased a new position in Vanguard Russell 1000 Growth ETF in the 4th quarter valued at about $1,206,000. Concurrent Investment Advisors LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 100.7% during the 4th 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 during the last quarter. Winthrop Advisory Group LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 386.5% during the 4th 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 during the last quarter. Finally, Bare Financial Services Inc grew its holdings 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 buying an additional 6,698 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of NASDAQ VONG opened at $121.91 on Friday. The company has a 50-day simple moving average of $125.63 and a 200-day simple moving average of $120.94. The company has a market cap of $42.81 billion, a PE ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 12 month low of $105.22 and a 12 month high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a dividend of $0.1592 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

Vanguard Russell 1000 Growth ETF 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.