Royal Bank of Canada Increases Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Royal Bank of Canada lifted its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 683,197 shares of the company’s stock after purchasing an additional 16,028 shares during the period. Royal Bank of Canada owned about 0.28% of Vanguard Russell 1000 Growth ETF worth $70,575,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Investment Solutions LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at about $42,000. Sound Income Strategies LLC boosted its holdings in Vanguard Russell 1000 Growth ETF by 3,291.7% in the 4th quarter. Sound Income Strategies LLC now owns 407 shares of the company’s stock worth $42,000 after buying an additional 395 shares during the last quarter. Investment Counsel Co. of Nevada acquired a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter worth about $51,000. Providence First Trust Co acquired a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter worth about $62,000. Finally, Measured Risk Portfolios Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter worth about $64,000.

Vanguard Russell 1000 Growth ETF Trading Down 0.5%

VONG stock opened at $102.80 on Wednesday. Vanguard Russell 1000 Growth ETF has a 12-month low of $79.40 and a 12-month high of $107.97. The stock has a market cap of $26.98 billion, a price-to-earnings ratio of 32.77 and a beta of 1.08. The business’s 50-day moving average is $93.64 and its 200 day moving average is $100.02.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.1366 dividend. This represents a $0.55 annualized dividend and a yield of 0.53%. The ex-dividend date was Tuesday, March 25th.

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.