Thrivent Financial for Lutherans Invests $13.13 Million in Vanguard Russell 1000 Growth ETF $VONG

Thrivent Financial for Lutherans acquired a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 107,868 shares of the company’s stock, valued at approximately $13,133,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VONG. Ameriprise Financial Inc. boosted its position in shares of Vanguard Russell 1000 Growth ETF by 8.6% during the third quarter. Ameriprise Financial Inc. now owns 4,031,762 shares of the company’s stock valued at $485,265,000 after purchasing an additional 320,907 shares in the last quarter. UBS Group AG raised its holdings in Vanguard Russell 1000 Growth ETF by 0.8% in the third quarter. UBS Group AG now owns 3,994,158 shares of the company’s stock worth $481,296,000 after purchasing an additional 29,877 shares in the last quarter. Raymond James Financial Inc. lifted its position in Vanguard Russell 1000 Growth ETF by 16.8% during the second quarter. Raymond James Financial Inc. now owns 3,705,989 shares of the company’s stock valued at $404,694,000 after buying an additional 534,216 shares during the period. Sequoia Financial Advisors LLC lifted its position in Vanguard Russell 1000 Growth ETF by 11.5% during the fourth quarter. Sequoia Financial Advisors LLC now owns 3,545,177 shares of the company’s stock valued at $431,625,000 after buying an additional 364,951 shares during the period. Finally, Truist Financial Corp boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 1.2% during the 3rd quarter. Truist Financial Corp now owns 1,982,993 shares of the company’s stock valued at $238,951,000 after buying an additional 23,204 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ:VONG opened at $127.77 on Tuesday. The firm has a market capitalization of $43.58 billion, a P/E ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a one year low of $99.91 and a one year high of $129.73. The company’s 50-day simple moving average is $117.77 and its 200 day simple moving average is $119.55.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a dividend of $0.1418 per share. This represents a $0.57 annualized dividend and a dividend yield of 0.4%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Tuesday, March 24th.

Vanguard Russell 1000 Growth ETF 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.