Balentine LLC Sells 5,629 Shares of Vanguard Russell 1000 Growth ETF $VONG

Balentine LLC lowered its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 32.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,972 shares of the company’s stock after selling 5,629 shares during the period. Balentine LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,313,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Investment Research & Advisory Group Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF in the fourth quarter worth $25,000. Glen Eagle Advisors LLC purchased a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter worth about $25,000. Triumph Capital Management raised its stake in Vanguard Russell 1000 Growth ETF by 208.6% in the 4th quarter. Triumph Capital Management now owns 216 shares of the company’s stock valued at $26,000 after acquiring an additional 146 shares during the period. Harbor Investment Advisory LLC raised its stake in Vanguard Russell 1000 Growth ETF by 334.4% in the 1st quarter. Harbor Investment Advisory LLC now owns 278 shares of the company’s stock valued at $30,000 after acquiring an additional 214 shares during the period. Finally, Quadrant Capital Group LLC purchased a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at about $32,000.

Vanguard Russell 1000 Growth ETF Stock Down 1.0%

Shares of NASDAQ:VONG opened at $126.54 on Thursday. The firm has a market capitalization of $43.16 billion, a PE ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a twelve month low of $105.22 and a twelve month high of $132.94. The company has a 50-day moving average price of $126.42 and a two-hundred day moving average price of $120.66.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently declared 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 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.