AE Wealth Management LLC Decreases Stock Holdings in Vanguard Russell 1000 Growth ETF $VONG

AE Wealth Management LLC lowered its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 33.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,820 shares of the company’s stock after selling 7,436 shares during the period. AE Wealth Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,618,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. LPL Financial LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 19.5% in the first quarter. LPL Financial LLC now owns 6,602,552 shares of the company’s stock worth $612,651,000 after purchasing an additional 1,077,100 shares during the last quarter. TIAA Trust National Association raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 3.1% in the second quarter. TIAA Trust National Association now owns 4,788,802 shares of the company’s stock worth $522,937,000 after buying an additional 146,126 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Vanguard Russell 1000 Growth ETF by 10.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,987,038 shares of the company’s stock worth $435,385,000 after acquiring an additional 362,498 shares during the last quarter. Citigroup Inc. lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 3.3% during the first quarter. Citigroup Inc. now owns 3,675,208 shares of the company’s stock worth $341,023,000 after purchasing an additional 117,686 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 1.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,283,557 shares of the company’s stock valued at $358,564,000 after acquiring an additional 36,007 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ:VONG opened at $123.79 on Wednesday. The firm has a market cap of $33.49 billion, a price-to-earnings ratio of 33.25 and a beta of 1.12. The firm’s fifty day moving average is $120.77 and its two-hundred day moving average is $112.18. Vanguard Russell 1000 Growth ETF has a one year low of $79.39 and a one year high of $126.83.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were issued a $0.1419 dividend. The ex-dividend date of this dividend was Wednesday, September 24th. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13. This represents a $0.57 dividend on an annualized basis and a yield of 0.5%.

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.