Vanguard Russell 1000 Growth ETF $VONG Shares Bought by AMG National Trust Bank

AMG National Trust Bank lifted its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 23.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,245 shares of the company’s stock after acquiring an additional 12,308 shares during the quarter. AMG National Trust Bank’s holdings in Vanguard Russell 1000 Growth ETF were worth $7,047,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VONG. Bank of America Corp DE raised its stake in Vanguard Russell 1000 Growth ETF by 51.7% during the 4th quarter. Bank of America Corp DE now owns 51,255,902 shares of the company’s stock valued at $6,240,406,000 after purchasing an additional 17,473,802 shares during the period. LPL Financial LLC boosted its position in Vanguard Russell 1000 Growth ETF by 6.4% during the 4th quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock worth $995,208,000 after acquiring an additional 494,747 shares during the period. Wells Fargo & Company MN grew its stake in Vanguard Russell 1000 Growth ETF by 6.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,229,899 shares of the company’s stock valued at $514,990,000 after acquiring an additional 245,413 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Vanguard Russell 1000 Growth ETF by 8.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,031,762 shares of the company’s stock valued at $485,265,000 after acquiring an additional 320,907 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 16.8% in the 2nd quarter. Raymond James Financial Inc. now owns 3,705,989 shares of the company’s stock valued at $404,694,000 after purchasing an additional 534,216 shares during the period.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ VONG opened at $125.17 on Tuesday. The company has a 50 day simple moving average of $126.93 and a 200-day simple moving average of $120.91. The firm has a market capitalization of $43.95 billion, a price-to-earnings 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. Shareholders of record on Thursday, June 18th were paid a $0.1592 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.64 annualized dividend and a yield of 0.5%. This is a boost 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.