Gilliland Jeter Wealth Management LLC Purchases Shares of 3,311 Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Gilliland Jeter Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,311 shares of the company’s stock, valued at approximately $258,000.

A number of other large investors have also made changes to their positions in VONG. Avantax Advisory Services Inc. grew its stake in shares of Vanguard Russell 1000 Growth ETF by 114.4% during the 3rd 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 during the period. TIAA Trust National Association bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the third quarter valued at approximately $288,590,000. Comerica Bank bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the third quarter valued at approximately $55,071,000. Congress Wealth Management LLC DE bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the third quarter valued at approximately $40,572,000. Finally, Ameriprise Financial Inc. raised its position in shares of Vanguard Russell 1000 Growth ETF by 21.0% during the third quarter. Ameriprise Financial Inc. now owns 2,977,796 shares of the company’s stock valued at $203,871,000 after buying an additional 517,435 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 1.8 %

Shares of VONG stock traded up $1.47 on Friday, reaching $84.37. The company’s stock had a trading volume of 550,396 shares, compared to its average volume of 866,040. The stock’s fifty day simple moving average is $85.22 and its 200-day simple moving average is $79.19. Vanguard Russell 1000 Growth ETF has a 1 year low of $62.08 and a 1 year high of $87.75. The company has a market capitalization of $18.75 billion, a price-to-earnings ratio of 37.21 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were issued a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date was Thursday, March 21st.

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.