Linscomb Wealth Inc. Sells 3,991 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Linscomb Wealth Inc. cut its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 7.3% during the third quarter, HoldingsChannel reports. The fund owned 50,997 shares of the company’s stock after selling 3,991 shares during the quarter. Linscomb Wealth Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $4,922,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Abound Wealth Management purchased a new position in Vanguard Russell 1000 Growth ETF in the second quarter valued at about $27,000. Rothschild Investment LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter worth approximately $31,000. Mather Group LLC. purchased a new stake in Vanguard Russell 1000 Growth ETF during the second quarter valued at approximately $35,000. Eastern Bank acquired a new stake in Vanguard Russell 1000 Growth ETF in the third quarter valued at approximately $35,000. Finally, Adirondack Trust Co. purchased a new position in Vanguard Russell 1000 Growth ETF in the second quarter worth $43,000.

Vanguard Russell 1000 Growth ETF Trading Down 1.8 %

Shares of VONG traded down $1.86 during midday trading on Friday, hitting $100.04. 165,617 shares of the company’s stock traded hands, compared to its average volume of 808,880. Vanguard Russell 1000 Growth ETF has a 1 year low of $73.71 and a 1 year high of $103.15. The firm’s fifty day moving average is $96.89 and its 200-day moving average is $93.28. The stock has a market capitalization of $23.31 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.139 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.56%.

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.