Belpointe Asset Management LLC Has $8.99 Million Stake in Vanguard Russell 1000 Growth ETF $VONG

Belpointe Asset Management LLC trimmed its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 10.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,853 shares of the company’s stock after selling 8,212 shares during the period. Belpointe Asset Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $8,992,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Investment Research & Advisory Group Inc. bought a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter worth approximately $25,000. WPG Advisers LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF during the third quarter worth approximately $31,000. Founders Financial Alliance LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF during the third quarter worth approximately $32,000. West Paces Advisors Inc. bought a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter worth approximately $42,000. Finally, Golden State Wealth Management LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 244.2% during the third quarter. Golden State Wealth Management LLC now owns 358 shares of the company’s stock worth $43,000 after purchasing an additional 254 shares during the period.

Vanguard Russell 1000 Growth ETF Price Performance

Vanguard Russell 1000 Growth ETF stock opened at $122.56 on Monday. The stock’s fifty day moving average price is $114.55 and its two-hundred day moving average price is $119.08. Vanguard Russell 1000 Growth ETF has a one year low of $84.50 and a one year high of $126.83. The firm has a market cap of $41.80 billion, a PE ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were paid a dividend of $0.1418 per share. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a yield of 0.5%.

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.