Baker Avenue Asset Management LP Sells 4,468 Shares of Vanguard Russell 1000 Growth ETF $VONG

Baker Avenue Asset Management LP trimmed its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 9.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 41,535 shares of the company’s stock after selling 4,468 shares during the period. Baker Avenue Asset Management LP’s holdings in Vanguard Russell 1000 Growth ETF were worth $4,536,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in VONG. TIAA Trust National Association raised its position in 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 purchasing an additional 146,126 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of 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 buying an additional 362,498 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of 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 worth $358,564,000 after buying an additional 36,007 shares during the period. Raymond James Financial Inc. boosted its stake in Vanguard Russell 1000 Growth ETF by 6.7% in the 1st quarter. Raymond James Financial Inc. now owns 3,171,773 shares of the company’s stock valued at $294,309,000 after buying an additional 198,869 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Vanguard Russell 1000 Growth ETF by 1.8% in the second quarter. Commonwealth Equity Services LLC now owns 2,342,774 shares of the company’s stock valued at $255,831,000 after acquiring an additional 41,487 shares during the period.

Vanguard Russell 1000 Growth ETF Price Performance

Vanguard Russell 1000 Growth ETF stock opened at $123.18 on Monday. The firm has a market capitalization of $33.32 billion, a P/E ratio of 33.25 and a beta of 1.12. The stock has a fifty day moving average price of $121.76 and a two-hundred day moving average price of $115.04. Vanguard Russell 1000 Growth ETF has a 52-week low of $79.39 and a 52-week high of $126.83.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.