Brown Advisory Inc. Grows Stock Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Brown Advisory Inc. increased its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 3.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,156 shares of the company’s stock after purchasing an additional 219 shares during the quarter. Brown Advisory Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $664,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC bought a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $130,686,000. Wealthfront Advisers LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth about $511,000. Wells Fargo & Company MN increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 11.7% in the 4th quarter. Wells Fargo & Company MN now owns 3,695,628 shares of the company’s stock worth $381,758,000 after acquiring an additional 386,910 shares during the period. Prudential Financial Inc. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 34.0% in the 4th quarter. Prudential Financial Inc. now owns 1,409,802 shares of the company’s stock worth $145,633,000 after acquiring an additional 357,319 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 6.8% in the 4th quarter. LPL Financial LLC now owns 5,525,452 shares of the company’s stock worth $570,779,000 after acquiring an additional 352,590 shares during the period.

Vanguard Russell 1000 Growth ETF Trading Up 0.2%

Vanguard Russell 1000 Growth ETF stock opened at $110.27 on Tuesday. The stock has a market cap of $29.55 billion, a price-to-earnings ratio of 33.25 and a beta of 1.08. The company’s 50-day moving average price is $104.56 and its two-hundred day moving average price is $100.62. Vanguard Russell 1000 Growth ETF has a 52 week low of $79.40 and a 52 week high of $110.58.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Friday, June 20th were paid a dividend of $0.134 per share. The ex-dividend date was Friday, June 20th. This represents a $0.54 annualized dividend and a yield of 0.49%.

Vanguard Russell 1000 Growth ETF Company 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.