Brookstone Capital Management Reduces Stake in Vanguard Russell 1000 Growth ETF $VONG

Brookstone Capital Management lessened its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 73.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 6,012 shares of the company’s stock after selling 16,664 shares during the period. Brookstone Capital Management’s holdings in Vanguard Russell 1000 Growth ETF were worth $659,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in Vanguard Russell 1000 Growth ETF by 51.7% during the 4th quarter. Bank of America Corp DE now owns 51,255,902 shares of the company’s stock valued at $6,240,406,000 after acquiring an additional 17,473,802 shares during the period. LPL Financial LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 6.4% in the fourth quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock worth $995,208,000 after acquiring an additional 494,747 shares during the period. Wells Fargo & Company MN increased its stake in shares of Vanguard Russell 1000 Growth ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,229,899 shares of the company’s stock worth $514,990,000 after acquiring an additional 245,413 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 8.6% during the third quarter. Ameriprise Financial Inc. now owns 4,031,762 shares of the company’s stock worth $485,265,000 after purchasing an additional 320,907 shares during the last quarter. Finally, UBS Group AG raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 0.8% during the third quarter. UBS Group AG now owns 3,994,158 shares of the company’s stock worth $481,296,000 after purchasing an additional 29,877 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ VONG opened at $122.12 on Friday. The company has a market capitalization of $41.65 billion, a PE ratio of 33.25 and a beta of 1.16. The company has a fifty day moving average of $126.13 and a 200 day moving average of $120.60. Vanguard Russell 1000 Growth ETF has a 1 year low of $105.22 and a 1 year high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a dividend of $0.1592 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 18th. This is an increase 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.