MML Investors Services LLC Grows Position in Vanguard Russell 1000 Growth ETF $VONG

MML Investors Services LLC raised its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 346,230 shares of the company’s stock after buying an additional 27,169 shares during the quarter. MML Investors Services LLC owned about 0.12% of Vanguard Russell 1000 Growth ETF worth $42,153,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of VONG. Valpey Financial Services LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 11,768.8% during the fourth quarter. Valpey Financial Services LLC now owns 1,737,121 shares of the company’s stock worth $211,494,000 after buying an additional 1,722,485 shares in the last quarter. Jabodon PT Co. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $177,692,000. Quent Long Short Global Small Cap Fund LP purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $128,233,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $123,378,000. Finally, Raymond James Financial Inc. grew its holdings in shares of 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 period.

Vanguard Russell 1000 Growth ETF Trading Up 2.3%

Shares of VONG opened at $128.13 on Tuesday. Vanguard Russell 1000 Growth ETF has a 12-month low of $103.39 and a 12-month high of $132.94. The firm has a 50-day moving average price of $124.34 and a 200 day moving average price of $120.46. The firm has a market capitalization of $43.70 billion, a P/E 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 issued a $0.1418 dividend. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend 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.