Northwestern Mutual Wealth Management Co. Increases Position in Vanguard Russell 1000 Growth ETF $VONG

Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 13.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 57,615 shares of the company’s stock after buying an additional 6,960 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Russell 1000 Growth ETF were worth $7,015,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of VONG. Quent Long Short Global Small Cap Fund LP purchased a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at approximately $128,233,000. Raymond James Financial Inc. lifted its stake in Vanguard Russell 1000 Growth ETF by 16.8% in the second quarter. Raymond James Financial Inc. now owns 3,705,989 shares of the company’s stock valued at $404,694,000 after purchasing an additional 534,216 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 11.5% in the fourth quarter. Sequoia Financial Advisors LLC now owns 3,545,177 shares of the company’s stock valued at $431,625,000 after purchasing an additional 364,951 shares during the last quarter. Captrust Financial Advisors lifted its stake in Vanguard Russell 1000 Growth ETF by 150.2% in the second quarter. Captrust Financial Advisors now owns 583,763 shares of the company’s stock valued at $63,747,000 after purchasing an additional 350,429 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in Vanguard Russell 1000 Growth ETF by 8.6% in 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 during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Vanguard Russell 1000 Growth ETF stock opened at $132.52 on Wednesday. Vanguard Russell 1000 Growth ETF has a 12 month low of $103.36 and a 12 month high of $132.94. The business’s 50 day simple moving average is $120.78 and its 200 day simple moving average is $119.94. The company has a market cap of $45.20 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.