Northwestern Mutual Wealth Management Co. Boosts Stock Holdings in Vanguard Russell 1000 Growth ETF $VONG

Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 13.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,615 shares of the company’s stock after acquiring an additional 6,960 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Russell 1000 Growth ETF were worth $7,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of VONG. Amundi bought a new stake in Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $488,000. AQR Capital Management LLC raised its holdings in Vanguard Russell 1000 Growth ETF by 9.1% during the 1st quarter. AQR Capital Management LLC now owns 37,849 shares of the company’s stock valued at $3,512,000 after acquiring an additional 3,154 shares during the period. Goldman Sachs Group Inc. raised its holdings in Vanguard Russell 1000 Growth ETF by 17.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 473,073 shares of the company’s stock valued at $43,896,000 after acquiring an additional 69,346 shares during the period. Russell Investments Group Ltd. raised its holdings in Vanguard Russell 1000 Growth ETF by 13.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,489 shares of the company’s stock valued at $272,000 after acquiring an additional 287 shares during the period. Finally, Invesco Ltd. bought a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at $475,000.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of VONG stock opened at $132.52 on Wednesday. The company’s fifty day simple moving average is $120.78 and its two-hundred day simple moving average is $119.94. Vanguard Russell 1000 Growth ETF has a 1 year low of $103.36 and a 1 year high of $132.94. The stock has a market capitalization of $45.20 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a dividend of $0.1418 per share. This represents a $0.57 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, March 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.