Royal Bank of Canada Acquires 193,959 Shares of Vanguard Russell 1000 Growth ETF $VONG

Royal Bank of Canada boosted its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 17.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,288,656 shares of the company’s stock after purchasing an additional 193,959 shares during the period. Royal Bank of Canada’s holdings in Vanguard Russell 1000 Growth ETF were worth $141,352,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 51.7% during the fourth quarter. Bank of America Corp DE now owns 51,255,902 shares of the company’s stock worth $6,240,406,000 after purchasing an additional 17,473,802 shares during the last quarter. LPL Financial LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 6.4% in the fourth quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock valued at $995,208,000 after buying an additional 494,747 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,229,899 shares of the company’s stock valued at $514,990,000 after buying an additional 245,413 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 7.3% in the second quarter. Ameriprise Financial Inc. now owns 3,710,855 shares of the company’s stock valued at $405,968,000 after buying an additional 251,712 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in Vanguard Russell 1000 Growth ETF by 16.8% during the 2nd quarter. Raymond James Financial Inc. now owns 3,705,989 shares of the company’s stock worth $404,694,000 after buying an additional 534,216 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Up 3.0%

Shares of NASDAQ:VONG opened at $120.90 on Friday. Vanguard Russell 1000 Growth ETF has a 12 month low of $105.22 and a 12 month high of $132.94. The company’s 50-day moving average price is $125.76 and its two-hundred day moving average price is $120.94. The firm has a market cap of $42.46 billion, a P/E ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a dividend of $0.1592 per share. The ex-dividend date was Thursday, June 18th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.64 dividend on an annualized basis and a dividend 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.