Mercer Global Advisors Inc. ADV Sells 3,235 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Mercer Global Advisors Inc. ADV lowered its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 8.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 34,323 shares of the company’s stock after selling 3,235 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Vanguard Russell 1000 Growth ETF were worth $3,546,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VONG. Raymond James Financial Inc. bought a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $307,101,000. Janney Montgomery Scott LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $180,769,000. Wealthfront Advisers LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth $511,000. Wells Fargo & Company MN boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 11.7% in the 4th quarter. Wells Fargo & Company MN now owns 3,695,628 shares of the company’s stock worth $381,758,000 after buying an additional 386,910 shares during the last quarter. Finally, Prudential Financial Inc. grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 34.0% in the fourth quarter. Prudential Financial Inc. now owns 1,409,802 shares of the company’s stock worth $145,633,000 after acquiring an additional 357,319 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

Vanguard Russell 1000 Growth ETF stock opened at $96.41 on Tuesday. The stock has a market cap of $25.30 billion, a PE ratio of 29.81 and a beta of 1.08. The stock has a fifty day moving average of $92.96 and a 200 day moving average of $99.89. Vanguard Russell 1000 Growth ETF has a one year low of $79.40 and a one year high of $107.97.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.1366 dividend. This represents a $0.55 annualized dividend and a dividend yield of 0.57%. The ex-dividend date was Tuesday, March 25th.

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.