Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Shares Sold by Truist Financial Corp

Truist Financial Corp decreased its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,548,355 shares of the company’s stock after selling 79,480 shares during the period. Truist Financial Corp owned approximately 0.71% of Vanguard Russell 1000 Growth ETF worth $120,803,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VONG. Avantax Advisory Services Inc. increased its position in Vanguard Russell 1000 Growth ETF by 114.4% during the 3rd quarter. Avantax Advisory Services Inc. now owns 10,661,133 shares of the company’s stock worth $729,648,000 after purchasing an additional 5,689,290 shares during the period. TIAA Trust National Association purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $288,590,000. Comerica Bank purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $55,071,000. Congress Wealth Management LLC DE purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $40,572,000. Finally, Ameriprise Financial Inc. boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 21.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,977,796 shares of the company’s stock worth $203,871,000 after acquiring an additional 517,435 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 1.8 %

Shares of NASDAQ:VONG traded up $1.47 during trading on Friday, hitting $84.37. 550,396 shares of the stock were exchanged, compared to its average volume of 866,040. The company has a fifty day moving average price of $85.22 and a two-hundred day moving average price of $79.19. The company has a market cap of $18.75 billion, a PE ratio of 37.21 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 12-month low of $62.08 and a 12-month high of $87.75.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.155 per share. This represents a $0.62 annualized dividend and a dividend yield of 0.73%. The ex-dividend date was Thursday, March 21st.

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.