Virtue Capital Management LLC Lowers Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Virtue Capital Management LLC reduced its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 12.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 16,873 shares of the company’s stock after selling 2,342 shares during the period. Virtue Capital Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,629,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Abound Wealth Management acquired a new position in Vanguard Russell 1000 Growth ETF during the second quarter worth approximately $27,000. Rothschild Investment LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at $31,000. Eastern Bank acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter worth $35,000. Coastline Trust Co purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter worth $46,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in Vanguard Russell 1000 Growth ETF in the second quarter valued at $46,000.

Vanguard Russell 1000 Growth ETF Trading Down 0.3 %

VONG stock opened at $105.31 on Wednesday. The company has a market cap of $24.54 billion, a PE ratio of 36.74 and a beta of 1.08. The stock has a 50-day moving average price of $100.13 and a two-hundred day moving average price of $95.48. Vanguard Russell 1000 Growth ETF has a 12-month low of $75.29 and a 12-month high of $106.32.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.139 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend was Thursday, September 26th.

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.