MML Investors Services LLC Increases Stock Holdings in Vanguard Russell 1000 Growth ETF $VONG

MML Investors Services LLC lifted its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 346,230 shares of the company’s stock after purchasing an additional 27,169 shares during the quarter. MML Investors Services LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $42,153,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Glen Eagle Advisors LLC acquired a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $25,000. Evelyn Partners Asset Management Ltd acquired a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $271,000. Arax Advisory Partners acquired a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $19,150,000. Barclays PLC acquired a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $682,000. Finally, Brown Advisory Inc. lifted its position in Vanguard Russell 1000 Growth ETF by 566.9% in the fourth quarter. Brown Advisory Inc. now owns 45,864 shares of the company’s stock valued at $5,584,000 after buying an additional 38,987 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ VONG opened at $128.13 on Tuesday. The firm’s 50-day moving average is $124.34 and its two-hundred day moving average is $120.46. Vanguard Russell 1000 Growth ETF has a 12 month low of $103.39 and a 12 month high of $132.94. The stock has a market capitalization of $43.70 billion, a P/E ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.