JMG Financial Group Ltd. Trims Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

JMG Financial Group Ltd. decreased its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 8.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,046 shares of the company’s stock after selling 360 shares during the period. JMG Financial Group Ltd.’s holdings in Vanguard Russell 1000 Growth ETF were worth $316,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of VONG. Avantax Advisory Services Inc. increased its stake in shares of Vanguard Russell 1000 Growth ETF by 114.4% during the third quarter. Avantax Advisory Services Inc. now owns 10,661,133 shares of the company’s stock valued at $729,648,000 after purchasing an additional 5,689,290 shares in the last quarter. LPL Financial LLC raised its holdings in Vanguard Russell 1000 Growth ETF by 3.7% in the third quarter. LPL Financial LLC now owns 4,923,244 shares of the company’s stock worth $336,947,000 after buying an additional 175,601 shares during the last quarter. Morgan Stanley lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 0.9% in the third quarter. Morgan Stanley now owns 4,773,262 shares of the company’s stock worth $326,682,000 after buying an additional 43,855 shares in the last quarter. TIAA Trust National Association grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 1.4% during the fourth quarter. TIAA Trust National Association now owns 4,274,074 shares of the company’s stock valued at $333,463,000 after buying an additional 57,382 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of Vanguard Russell 1000 Growth ETF by 7.5% during the third quarter. Envestnet Asset Management Inc. now owns 3,881,900 shares of the company’s stock valued at $265,677,000 after acquiring an additional 270,168 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 1.5 %

VONG stock traded up $1.27 during midday trading on Tuesday, hitting $83.42. The company’s stock had a trading volume of 575,742 shares, compared to its average volume of 876,379. The firm’s 50-day moving average is $85.25 and its 200-day moving average is $79.03. Vanguard Russell 1000 Growth ETF has a 12 month low of $61.54 and a 12 month high of $87.75. The company has a market cap of $18.54 billion, a PE ratio of 37.21 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were issued a $0.155 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.62 annualized dividend and a yield of 0.74%.

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.