Founders Financial Securities LLC Sells 4,875 Shares of Vanguard Russell 1000 Growth ETF $VONG

Founders Financial Securities LLC reduced its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 60.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,222 shares of the company’s stock after selling 4,875 shares during the quarter. Founders Financial Securities LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Investment Research & Advisory Group Inc. purchased a new position in Vanguard Russell 1000 Growth ETF in the 4th quarter worth approximately $25,000. Glen Eagle Advisors LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $25,000. Triumph Capital Management raised its position in shares of Vanguard Russell 1000 Growth ETF by 208.6% during the 4th quarter. Triumph Capital Management now owns 216 shares of the company’s stock valued at $26,000 after buying an additional 146 shares in the last quarter. Quadrant Capital Group LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth $32,000. Finally, FAS Wealth Partners Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth $34,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ:VONG opened at $123.33 on Wednesday. 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 $125.91 and a 200 day moving average of $120.60. The firm has a market capitalization of $42.06 billion, a PE ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently declared 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 annualized dividend and a yield of 0.5%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Thursday, June 18th.

Vanguard Russell 1000 Growth ETF 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.