LPL Financial LLC Increases Stock Position in Vanguard Russell 1000 Growth ETF $VONG

LPL Financial LLC lifted its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 6.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,174,197 shares of the company’s stock after acquiring an additional 494,747 shares during the period. LPL Financial LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $995,208,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Ameriprise Financial Inc. grew 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 worth $485,265,000 after acquiring an additional 320,907 shares during the last quarter. UBS Group AG grew its position in shares of Vanguard Russell 1000 Growth ETF by 0.8% during the third quarter. UBS Group AG now owns 3,994,158 shares of the company’s stock worth $481,296,000 after acquiring an additional 29,877 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of 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 worth $404,694,000 after acquiring an additional 534,216 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of 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 worth $431,625,000 after buying an additional 364,951 shares during the period. Finally, HighTower Advisors LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 8.9% during the third quarter. HighTower Advisors LLC now owns 1,831,197 shares of the company’s stock worth $220,659,000 after buying an additional 150,243 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG opened at $126.34 on Monday. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $103.39 and a fifty-two week high of $132.94. The company has a market capitalization of $43.09 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. The firm has a 50-day simple moving average of $122.30 and a 200-day simple moving average of $120.18.

Vanguard Russell 1000 Growth ETF Increases Dividend

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