M&T Bank Corp Trims Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

M&T Bank Corp lessened its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 6.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 227,404 shares of the company’s stock after selling 16,327 shares during the period. M&T Bank Corp owned about 0.10% of Vanguard Russell 1000 Growth ETF worth $21,949,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Abound Wealth Management acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the second quarter valued at about $27,000. Rothschild Investment LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the second quarter worth about $31,000. Eastern Bank purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter worth about $35,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at about $46,000. Finally, Coastline Trust Co purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter valued at approximately $46,000.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ:VONG opened at $105.00 on Friday. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $75.60 and a fifty-two week high of $107.96. The stock has a market capitalization of $24.47 billion, a PE ratio of 36.74 and a beta of 1.08. The company has a fifty day moving average of $101.63 and a two-hundred day moving average of $96.40.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.139 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.56 annualized dividend and a dividend yield of 0.53%.

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.