Flynn Zito Capital Management LLC Cuts Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Flynn Zito Capital Management LLC reduced its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 4.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,243 shares of the company’s stock after selling 461 shares during the period. Vanguard Russell 1000 Growth ETF makes up 0.5% of Flynn Zito Capital Management LLC’s portfolio, making the stock its 24th biggest position. Flynn Zito Capital Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $721,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Avantax Advisory Services Inc. grew its stake in shares of Vanguard Russell 1000 Growth ETF by 114.4% in the third quarter. Avantax Advisory Services Inc. now owns 10,661,133 shares of the company’s stock worth $729,648,000 after acquiring an additional 5,689,290 shares during the last quarter. Moneta Group Investment Advisors LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF by 25,173.7% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 6,643,705 shares of the company’s stock valued at $366,201,000 after buying an additional 6,617,418 shares during the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF by 3.7% during the third quarter. LPL Financial LLC now owns 4,923,244 shares of the company’s stock valued at $336,947,000 after buying an additional 175,601 shares during the last quarter. Morgan Stanley boosted its position in shares of Vanguard Russell 1000 Growth ETF by 0.9% during the third quarter. Morgan Stanley now owns 4,773,262 shares of the company’s stock valued at $326,682,000 after buying an additional 43,855 shares during the last quarter. Finally, Citigroup Inc. boosted its position in shares of Vanguard Russell 1000 Growth ETF by 3.0% during the third quarter. Citigroup Inc. now owns 4,751,805 shares of the company’s stock valued at $325,214,000 after buying an additional 139,821 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of Vanguard Russell 1000 Growth ETF stock traded down $0.35 during trading on Thursday, hitting $83.01. 630,801 shares of the company’s stock traded hands, compared to its average volume of 885,114. Vanguard Russell 1000 Growth ETF has a 1 year low of $61.54 and a 1 year high of $87.75. The stock has a market capitalization of $18.45 billion, a P/E ratio of 37.21 and a beta of 1.08. The business has a 50-day simple moving average of $85.38 and a 200-day simple moving average of $78.58.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 22nd were given a $0.155 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.62 annualized dividend and a yield of 0.75%.

Vanguard Russell 1000 Growth ETF Company 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.