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

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

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Investment Research & Advisory Group Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth $25,000. Glen Eagle Advisors LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $25,000. Triumph Capital Management grew its stake in Vanguard Russell 1000 Growth ETF by 208.6% in the fourth quarter. Triumph Capital Management now owns 216 shares of the company’s stock valued at $26,000 after purchasing an additional 146 shares during the last quarter. Quadrant Capital Group LLC bought a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter worth about $32,000. Finally, FAS Wealth Partners Inc. bought a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter worth about $34,000.

Vanguard Russell 1000 Growth ETF Stock Performance

VONG stock opened at $122.12 on Friday. Vanguard Russell 1000 Growth ETF has a one year low of $105.22 and a one year high of $132.94. The firm has a market cap of $41.65 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. The firm has a 50-day simple moving average of $126.13 and a two-hundred day simple moving average of $120.60.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were paid a dividend of $0.1592 per share. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Thursday, June 18th. This represents a $0.64 annualized dividend and a dividend yield of 0.5%.

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.