Allspring Global Investments Holdings LLC Increases Stake in Vanguard Russell 1000 Growth ETF

Allspring Global Investments Holdings LLC has increased its investment in the Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 41.2% during the third quarter of the year, according to reports. As of the end of the latest quarter, the institutional investor now holds 8,368 shares of this ETF, having acquired an additional 2,441 shares in the past few months. The total value of Allspring Global Investments Holdings LLC's holdings in the Vanguard Russell 1000 Growth ETF amounted to approximately $808,000.

Other institutional investors have also been active in the market, buying and selling shares of the fund. For instance, Bernardo Wealth Planning LLC increased its stake by 18.4% during the third quarter, resulting in a total of 186,421 shares valued at about $18,264,000 after acquiring an extra 28,927 shares. Similarly, WestHill Financial Advisors Inc. raised its holdings by 0.9%, owning 671,479 shares worth $64,811,000 following the purchase of 6,274 additional shares.

Another investor, Chicago Capital LLC, entered the market with a new stake valued at roughly $237,000 in the same quarter. Key Client Fiduciary Advisors LLC also boosted its position by 13.0%, resulting in ownership of 7,957 shares worth about $768,000 after an additional purchase of 918 shares. Finally, Commonwealth Equity Services LLC reported a growth of 0.8% in its stake, managing to own 2,054,868 shares valued at $198,336,000, after acquiring 16,377 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

The Vanguard Russell 1000 Growth ETF opened at $96.21 recently. The ETF's 50-day moving average is currently $95.59, while its 200-day moving average stands at $92.13. Over the last year, the ETF experienced a low of $66.74 and a high of $99.84. Currently, it has a market capitalization of $22.42 billion, a price-to-earnings ratio of 36.74, and a beta of 1.08, indicating moderate volatility.

Recent Dividend Announcement

The company has also declared a quarterly dividend, which was paid to shareholders on September 30th. Shareholders who were on record as of September 26th received a dividend of $0.139 per share. The ex-dividend date for this payment was also September 26th. This dividend payout translates to an annualized dividend of approximately $0.56 and a dividend yield of 0.58%.

About Vanguard Russell 1000 Growth ETF

The Vanguard Russell 1000 Growth ETF (VONG) is a type of exchange-traded fund that tracks the Russell 1000 Growth index. This fund focuses on large- and mid-cap U.S. stocks that exhibit high growth characteristics, as determined by Russell's investment philosophy. Launched on September 20, 2010, the fund is managed by Vanguard.

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