PNC Financial Services Group Inc. Boosts Stake in Vanguard Russell 1000 Growth ETF $VONG

PNC Financial Services Group Inc. boosted its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 4.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 960,375 shares of the company’s stock after purchasing an additional 41,377 shares during the period. PNC Financial Services Group Inc. owned approximately 0.28% of Vanguard Russell 1000 Growth ETF worth $105,344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Glen Eagle Advisors LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter worth approximately $25,000. Investment Research & Advisory Group Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $25,000. Triumph Capital Management boosted its holdings in Vanguard Russell 1000 Growth ETF by 208.6% during the 4th quarter. Triumph Capital Management now owns 216 shares of the company’s stock valued at $26,000 after acquiring an additional 146 shares during the period. Quadrant Capital Group LLC purchased a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $32,000. Finally, Harbor Investment Advisory LLC boosted its holdings in Vanguard Russell 1000 Growth ETF by 334.4% during the 1st quarter. Harbor Investment Advisory LLC now owns 278 shares of the company’s stock valued at $30,000 after acquiring an additional 214 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Down 0.4%

Shares of Vanguard Russell 1000 Growth ETF stock opened at $124.44 on Thursday. The stock’s fifty day moving average is $126.70 and its two-hundred day moving average is $121.01. Vanguard Russell 1000 Growth ETF has a 52 week low of $105.22 and a 52 week high of $132.94. The company has a market capitalization of $43.70 billion, a PE 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 paid a dividend of $0.1592 per share. This is an increase 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%. The ex-dividend date of this dividend was Thursday, June 18th.

About Vanguard Russell 1000 Growth ETF

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.