Paladin Advisory Group LLC Raises Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Paladin Advisory Group LLC raised its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 22.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,802 shares of the company’s stock after purchasing an additional 335 shares during the quarter. Paladin Advisory Group LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $167,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at $307,101,000. Castlekeep Investment Advisors LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth about $130,686,000. Wealthfront Advisers LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter valued at about $511,000. Wells Fargo & Company MN increased 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 valued at $381,758,000 after purchasing an additional 386,910 shares in the last quarter. Finally, Prudential Financial Inc. increased its stake in shares of Vanguard Russell 1000 Growth ETF by 34.0% in the 4th quarter. Prudential Financial Inc. now owns 1,409,802 shares of the company’s stock valued at $145,633,000 after purchasing an additional 357,319 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Down 0.3%

Shares of VONG stock opened at $105.31 on Thursday. Vanguard Russell 1000 Growth ETF has a 12-month low of $79.40 and a 12-month high of $107.97. The business’s 50 day moving average is $96.63 and its two-hundred day moving average is $100.28. The company has a market capitalization of $27.63 billion, a P/E ratio of 32.77 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.1366 per share. This represents a $0.55 annualized dividend and a dividend yield of 0.52%. 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.