Lpwm LLC Trims Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Lpwm LLC reduced its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 1.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 610,041 shares of the company’s stock after selling 10,084 shares during the period. Vanguard Russell 1000 Growth ETF makes up 18.2% of Lpwm LLC’s portfolio, making the stock its largest holding. Lpwm LLC owned approximately 0.23% of Vanguard Russell 1000 Growth ETF worth $56,606,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. J.W. Cole Advisors Inc. increased its holdings in Vanguard Russell 1000 Growth ETF by 7.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 15,709 shares of the company’s stock valued at $1,623,000 after acquiring an additional 1,026 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter valued at $125,000. Allspring Global Investments Holdings LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 274.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 31,311 shares of the company’s stock valued at $3,234,000 after acquiring an additional 22,943 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Vanguard Russell 1000 Growth ETF by 941.9% in the 4th quarter. BNP Paribas Financial Markets now owns 1,792 shares of the company’s stock valued at $185,000 after acquiring an additional 1,620 shares during the last quarter. Finally, Wealthfront Advisers LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter valued at $511,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ VONG opened at $104.93 on Friday. The firm’s fifty day moving average is $95.66 and its two-hundred day moving average is $100.19. Vanguard Russell 1000 Growth ETF has a 52-week low of $79.40 and a 52-week high of $107.97. The company has a market cap of $27.53 billion, a P/E ratio of 32.77 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $0.1366 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.52%.

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.