Base Wealth Management LLC Sells 8,841 Shares of Vanguard Russell 1000 Growth ETF $VONG

Base Wealth Management LLC cut its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 9.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,976 shares of the company’s stock after selling 8,841 shares during the period. Vanguard Russell 1000 Growth ETF accounts for about 5.0% of Base Wealth Management LLC’s investment portfolio, making the stock its 7th largest position. Base Wealth Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $8,882,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in VONG. Richmond Investment Services LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 156.8% in the first quarter. Richmond Investment Services LLC now owns 11,803 shares of the company’s stock worth $1,295,000 after buying an additional 7,206 shares during the last quarter. Cvfg LLC acquired a new stake in Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $1,948,000. Golden Road Advisors LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 0.7% in the first quarter. Golden Road Advisors LLC now owns 52,959 shares of the company’s stock valued at $5,809,000 after acquiring an additional 348 shares during the last quarter. Clearwave Capital LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the first quarter worth approximately $200,000. Finally, Global Strategic Investment Solutions LLC grew its position in Vanguard Russell 1000 Growth ETF by 9.7% in the first quarter. Global Strategic Investment Solutions LLC now owns 695,315 shares of the company’s stock worth $76,269,000 after acquiring an additional 61,473 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 0.4%

Vanguard Russell 1000 Growth ETF stock opened at $125.35 on Thursday. Vanguard Russell 1000 Growth ETF has a 1-year low of $105.22 and a 1-year high of $132.94. The firm’s fifty day simple moving average is $126.69 and its 200-day simple moving average is $120.83. The company has a market capitalization of $43.84 billion, a P/E ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.