Vanguard Russell 1000 Growth ETF $VONG Shares Sold by Allegiance Financial Group Advisory Services LLC

Allegiance Financial Group Advisory Services LLC decreased its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 15.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 23,594 shares of the company’s stock after selling 4,218 shares during the period. Vanguard Russell 1000 Growth ETF accounts for about 0.7% of Allegiance Financial Group Advisory Services LLC’s investment portfolio, making the stock its 23rd largest holding. Allegiance Financial Group Advisory Services LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,576,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in VONG. Armstrong Advisory Group Inc. raised its position in Vanguard Russell 1000 Growth ETF by 9.0% in the second quarter. Armstrong Advisory Group Inc. now owns 1,307 shares of the company’s stock valued at $143,000 after purchasing an additional 108 shares during the period. Prosperity Consulting Group LLC raised its position in Vanguard Russell 1000 Growth ETF by 0.4% in the first quarter. Prosperity Consulting Group LLC now owns 40,859 shares of the company’s stock valued at $3,791,000 after purchasing an additional 144 shares during the period. CRA Financial Services LLC raised its position in Vanguard Russell 1000 Growth ETF by 3.7% in the second quarter. CRA Financial Services LLC now owns 4,240 shares of the company’s stock valued at $463,000 after purchasing an additional 150 shares during the period. Berkshire Asset Management LLC PA raised its position in Vanguard Russell 1000 Growth ETF by 4.2% in the first quarter. Berkshire Asset Management LLC PA now owns 3,877 shares of the company’s stock valued at $374,000 after purchasing an additional 158 shares during the period. Finally, Principal Securities Inc. increased its position in shares of Vanguard Russell 1000 Growth ETF by 5.3% during the first quarter. Principal Securities Inc. now owns 3,343 shares of the company’s stock worth $310,000 after acquiring an additional 168 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ VONG opened at $122.19 on Thursday. Vanguard Russell 1000 Growth ETF has a 1 year low of $79.39 and a 1 year high of $122.20. The firm has a market cap of $33.06 billion, a price-to-earnings ratio of 33.25 and a beta of 1.08. The stock’s 50-day simple moving average is $116.89 and its 200-day simple moving average is $106.41.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Wednesday, September 24th were given a dividend of $0.1419 per share. The ex-dividend date of this dividend was Wednesday, September 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.5%.

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.