Red Cedar Investment Management LLC Lowers Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Red Cedar Investment Management LLC trimmed its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 42.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,743 shares of the company’s stock after selling 29,193 shares during the quarter. Red Cedar Investment Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $3,101,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Bleakley Financial Group LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 40.0% in the fourth quarter. Bleakley Financial Group LLC now owns 7,059 shares of the company’s stock valued at $551,000 after buying an additional 2,018 shares in the last quarter. Simplicity Solutions LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 40.0% in the 4th quarter. Simplicity Solutions LLC now owns 7,059 shares of the company’s stock valued at $551,000 after purchasing an additional 2,018 shares in the last quarter. Kingswood Wealth Advisors LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at about $316,000. Raymond James & Associates boosted its position in Vanguard Russell 1000 Growth ETF by 12.4% during the fourth quarter. Raymond James & Associates now owns 640,515 shares of the company’s stock worth $49,973,000 after purchasing an additional 70,506 shares in the last quarter. Finally, Ritholtz Wealth Management acquired a new stake in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at approximately $663,000.

Vanguard Russell 1000 Growth ETF Stock Up 1.7 %

Shares of VONG stock traded up $1.44 during trading hours on Friday, hitting $85.25. 604,177 shares of the company’s stock were exchanged, compared to its average volume of 856,427. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $62.10 and a fifty-two week high of $87.75. The firm has a market cap of $18.95 billion, a P/E ratio of 36.74 and a beta of 1.08. The firm has a 50 day moving average of $85.20 and a two-hundred day moving average of $79.71.

Vanguard Russell 1000 Growth ETF Cuts Dividend

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

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.