Independence Bank of Kentucky Lowers Holdings in Vanguard Russell 1000 Growth ETF $VONG

Independence Bank of Kentucky decreased its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 21.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 547 shares of the company’s stock after selling 150 shares during the quarter. Independence Bank of Kentucky’s holdings in Vanguard Russell 1000 Growth ETF were worth $60,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Greykasell Wealth Strategies Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $35,000. ORG Wealth Partners LLC lifted 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 acquiring an additional 351 shares during the last quarter. Proathlete Wealth Management LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the first quarter worth approximately $35,000. Mather Group LLC. purchased a new position in Vanguard Russell 1000 Growth ETF in the first quarter worth approximately $37,000. Finally, Montag A & Associates Inc. purchased a new position in Vanguard Russell 1000 Growth ETF in the first quarter worth approximately $47,000.

Vanguard Russell 1000 Growth ETF Stock Up 0.3%

Shares of Vanguard Russell 1000 Growth ETF stock opened at $119.97 on Tuesday. Vanguard Russell 1000 Growth ETF has a 52-week low of $79.39 and a 52-week high of $121.82. The company has a 50 day moving average of $115.70 and a 200 day moving average of $105.28. The company has a market capitalization of $32.15 billion, a P/E ratio of 33.25 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.