Thrivent Financial for Lutherans Increases Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Thrivent Financial for Lutherans grew its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 16.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 45,567 shares of the company’s stock after buying an additional 6,563 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Vanguard Russell 1000 Growth ETF were worth $4,275,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Deane Retirement Strategies Inc. bought a new position in Vanguard Russell 1000 Growth ETF in the 1st quarter valued at $26,000. Abound Wealth Management purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the second quarter valued at $27,000. Rothschild Investment LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF in the second quarter worth about $31,000. YHB Investment Advisors Inc. purchased a new position in Vanguard Russell 1000 Growth ETF in the 1st quarter worth about $35,000. Finally, Stuart Chaussee & Associates Inc. bought a new stake in Vanguard Russell 1000 Growth ETF during the 1st quarter valued at about $35,000.

Vanguard Russell 1000 Growth ETF Price Performance

Vanguard Russell 1000 Growth ETF stock opened at $96.13 on Friday. The stock has a market cap of $21.50 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The firm has a 50-day moving average of $92.48 and a two-hundred day moving average of $90.26. Vanguard Russell 1000 Growth ETF has a 1 year low of $65.85 and a 1 year high of $98.46.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, September 26th will be issued a $0.139 dividend. The ex-dividend date of this dividend is Thursday, September 26th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.58%.

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.