Fifth Third Bancorp Buys 40,042 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Fifth Third Bancorp grew its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 8.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 510,495 shares of the company’s stock after acquiring an additional 40,042 shares during the quarter. Fifth Third Bancorp owned about 0.19% of Vanguard Russell 1000 Growth ETF worth $47,369,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 6.8% during the fourth quarter. LPL Financial LLC now owns 5,525,452 shares of the company’s stock valued at $570,779,000 after acquiring an additional 352,590 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 3.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 3,735,457 shares of the company’s stock valued at $385,873,000 after acquiring an additional 112,803 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 11.7% during the fourth quarter. Wells Fargo & Company MN now owns 3,695,628 shares of the company’s stock valued at $381,758,000 after acquiring an additional 386,910 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter valued at $307,101,000. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 7.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,206,093 shares of the company’s stock valued at $227,889,000 after acquiring an additional 151,225 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of NASDAQ:VONG opened at $105.75 on Friday. Vanguard Russell 1000 Growth ETF has a 1-year low of $79.40 and a 1-year high of $107.97. The business has a fifty day moving average price of $97.06 and a 200-day moving average price of $100.30. The company has a market capitalization of $27.75 billion, a PE ratio of 32.77 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors 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 annualized dividend and a 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.