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

Econ Financial Services Corp decreased its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 23.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 21,297 shares of the company’s stock after selling 6,470 shares during the period. Vanguard Russell 1000 Growth ETF accounts for about 1.1% of Econ Financial Services Corp’s investment portfolio, making the stock its 26th largest holding. Econ Financial Services Corp’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,846,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Mount Yale Investment Advisors LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter worth approximately $464,000. Axxcess Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $1,570,000. CreativeOne Wealth LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $927,000. Bessemer Group Inc. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 50.9% during the 1st quarter. Bessemer Group Inc. now owns 25,800 shares of the company’s stock worth $2,236,000 after buying an additional 8,700 shares during the last quarter. Finally, Atlanta Consulting Group Advisors LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter worth $619,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Vanguard Russell 1000 Growth ETF stock traded up $0.19 during midday trading on Monday, reaching $91.05. The stock had a trading volume of 694,079 shares, compared to its average volume of 846,184. The stock’s 50-day simple moving average is $92.87 and its 200 day simple moving average is $87.37. Vanguard Russell 1000 Growth ETF has a twelve month low of $65.85 and a twelve month high of $98.46. The stock has a market capitalization of $20.36 billion, a PE ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were paid a $0.141 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.62%. The ex-dividend date was Thursday, June 27th.

Vanguard Russell 1000 Growth ETF 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.