Wealthquest Corp Has $60.64 Million Position in Vanguard Russell 1000 Growth ETF $VONG

Wealthquest Corp reduced its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 5.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 552,802 shares of the company’s stock after selling 29,471 shares during the quarter. Vanguard Russell 1000 Growth ETF comprises about 4.3% of Wealthquest Corp’s portfolio, making the stock its 6th biggest position. Wealthquest Corp owned approximately 0.16% of Vanguard Russell 1000 Growth ETF worth $60,637,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in Vanguard Russell 1000 Growth ETF by 48.5% in the first quarter. Bank of America Corp DE now owns 76,119,779 shares of the company’s stock valued at $8,349,579,000 after acquiring an additional 24,863,877 shares during the period. LPL Financial LLC raised its position in shares of Vanguard Russell 1000 Growth ETF by 6.4% during the fourth quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock worth $995,208,000 after purchasing an additional 494,747 shares during the period. Wells Fargo & Company MN raised its position in shares of Vanguard Russell 1000 Growth ETF by 6.2% during the fourth quarter. Wells Fargo & Company MN now owns 4,229,899 shares of the company’s stock worth $514,990,000 after purchasing an additional 245,413 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 7.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,710,855 shares of the company’s stock worth $405,968,000 after purchasing an additional 251,712 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 16.8% in the 2nd quarter. Raymond James Financial Inc. now owns 3,705,989 shares of the company’s stock worth $404,694,000 after purchasing an additional 534,216 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 0.8%

NASDAQ VONG opened at $121.91 on Friday. The company has a market cap of $42.81 billion, a P/E ratio of 33.25 and a beta of 1.16. The company has a fifty day simple moving average of $125.63 and a 200 day simple moving average of $120.94. 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 disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a $0.1592 dividend. This represents a $0.64 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 $0.14. The ex-dividend date of this dividend was Thursday, June 18th.

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.