EverSource Wealth Advisors LLC Cuts Stake in Vanguard Russell 1000 Growth ETF $VONG

EverSource Wealth Advisors LLC reduced its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 88.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,363 shares of the company’s stock after selling 17,417 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $258,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Advantage Trust Co bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at about $29,000. ORG Wealth Partners LLC raised its stake in Vanguard Russell 1000 Growth ETF by 1,671.4% in the second quarter. ORG Wealth Partners LLC now owns 372 shares of the company’s stock worth $40,000 after buying an additional 351 shares in the last quarter. Angeles Wealth Management LLC bought a new position in Vanguard Russell 1000 Growth ETF in the second quarter worth approximately $42,000. Asset Management One Co. Ltd. purchased a new stake in Vanguard Russell 1000 Growth ETF during the second quarter worth $47,000. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at $48,000.

Vanguard Russell 1000 Growth ETF Trading Up 0.0%

VONG opened at $123.15 on Wednesday. The firm has a market cap of $33.32 billion, a price-to-earnings ratio of 33.25 and a beta of 1.12. Vanguard Russell 1000 Growth ETF has a 12 month low of $79.39 and a 12 month high of $126.83. The stock has a fifty day moving average price of $121.87 and a 200-day moving average price of $115.35.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.