Bank of New York Mellon Corp Raises Holdings in Vanguard Russell 1000 Growth ETF $VONG

Bank of New York Mellon Corp grew its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 3.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 375,591 shares of the company’s stock after buying an additional 10,811 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Russell 1000 Growth ETF were worth $41,198,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Amundi purchased a new position in Vanguard Russell 1000 Growth ETF in the first quarter worth $488,000. AQR Capital Management LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF by 9.1% during the 1st quarter. AQR Capital Management LLC now owns 37,849 shares of the company’s stock worth $3,512,000 after purchasing an additional 3,154 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Vanguard Russell 1000 Growth ETF by 17.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 473,073 shares of the company’s stock worth $43,896,000 after purchasing an additional 69,346 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of Vanguard Russell 1000 Growth ETF by 13.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,489 shares of the company’s stock worth $272,000 after purchasing an additional 287 shares during the period. Finally, Invesco Ltd. acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth $475,000.

Vanguard Russell 1000 Growth ETF Stock Down 0.8%

Shares of VONG opened at $121.16 on Friday. The company has a 50-day simple moving average of $126.41 and a 200-day simple moving average of $121.02. The company has a market capitalization of $42.55 billion, a PE ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 52-week low of $105.22 and a 52-week high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.