Vanguard Russell 1000 Growth ETF $VONG Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. decreased its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 61.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,299 shares of the company’s stock after selling 31,356 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,350,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Investment Research & Advisory Group Inc. acquired a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter worth approximately $25,000. Founders Financial Alliance LLC acquired a new position in Vanguard Russell 1000 Growth ETF during the third quarter worth approximately $32,000. West Paces Advisors Inc. acquired a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter worth approximately $42,000. Golden State Wealth Management LLC increased its position in Vanguard Russell 1000 Growth ETF by 244.2% during the third quarter. Golden State Wealth Management LLC now owns 358 shares of the company’s stock worth $43,000 after buying an additional 254 shares during the period. Finally, Optima Capital LLC acquired a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter worth approximately $49,000.

Vanguard Russell 1000 Growth ETF Trading Up 0.5%

NASDAQ:VONG opened at $129.32 on Wednesday. The firm has a market cap of $44.11 billion, a P/E ratio of 33.25 and a beta of 1.16. The stock’s 50 day simple moving average is $119.35 and its 200-day simple moving average is $119.70. Vanguard Russell 1000 Growth ETF has a 12-month low of $101.40 and a 12-month high of $129.84.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were issued a $0.1418 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.4%.

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.