Snowden Capital Advisors LLC Cuts Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Snowden Capital Advisors LLC lowered its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 0.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 423,067 shares of the company’s stock after selling 684 shares during the quarter. Vanguard Russell 1000 Growth ETF accounts for approximately 1.4% of Snowden Capital Advisors LLC’s portfolio, making the stock its 8th largest position. Snowden Capital Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $43,703,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. J.W. Cole Advisors Inc. increased its stake in Vanguard Russell 1000 Growth ETF by 7.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 15,709 shares of the company’s stock valued at $1,623,000 after purchasing an additional 1,026 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter valued at about $125,000. Allspring Global Investments Holdings LLC raised its stake in Vanguard Russell 1000 Growth ETF by 274.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 31,311 shares of the company’s stock worth $3,234,000 after buying an additional 22,943 shares during the period. Wealthfront Advisers LLC bought a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter worth approximately $511,000. Finally, Carnegie Investment Counsel grew its stake in Vanguard Russell 1000 Growth ETF by 22.3% in the fourth quarter. Carnegie Investment Counsel now owns 12,071 shares of the company’s stock valued at $1,247,000 after acquiring an additional 2,200 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Down 0.1%

NASDAQ VONG opened at $102.75 on Friday. Vanguard Russell 1000 Growth ETF has a 52 week low of $79.40 and a 52 week high of $107.97. The business has a 50 day moving average price of $93.07 and a 200-day moving average price of $99.90. The company has a market cap of $26.96 billion, a price-to-earnings ratio of 32.77 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.1366 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.55 dividend on an annualized basis and a yield of 0.53%.

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.