Verus Capital Partners LLC Trims Stake in Vanguard Russell 1000 Growth ETF $VONG

Verus Capital Partners LLC lowered its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 29.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,929 shares of the company’s stock after selling 13,537 shares during the period. Verus Capital Partners LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $3,612,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Asset Management One Co. Ltd. increased its position in shares of Vanguard Russell 1000 Growth ETF by 19.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 526 shares of the company’s stock worth $65,000 after purchasing an additional 84 shares during the last quarter. Wealthfront Advisers LLC grew its stake in Vanguard Russell 1000 Growth ETF by 3.6% in the 1st quarter. Wealthfront Advisers LLC now owns 2,587 shares of the company’s stock worth $284,000 after buying an additional 89 shares in the last quarter. Cedar Point Capital Partners LLC increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 3.5% in the 4th quarter. Cedar Point Capital Partners LLC now owns 2,811 shares of the company’s stock worth $342,000 after buying an additional 96 shares during the last quarter. Evolution Wealth Management Inc. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 11.0% in the 1st quarter. Evolution Wealth Management Inc. now owns 976 shares of the company’s stock worth $107,000 after buying an additional 97 shares during the last quarter. Finally, Franklin Resources Inc. raised its position in shares of Vanguard Russell 1000 Growth ETF by 2.9% during the 3rd quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock valued at $427,000 after buying an additional 100 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ:VONG opened at $121.91 on Friday. Vanguard Russell 1000 Growth ETF has a 52-week low of $105.22 and a 52-week high of $132.94. The firm has a fifty day moving average of $125.63 and a 200 day moving average of $120.94. The firm has a market capitalization of $42.81 billion, a PE ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a $0.1592 dividend. 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.

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.