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

On November 1, 2024, Allspring Global Investments Holdings LLC announced a significant increase in its investment in the Vanguard Russell 1000 Growth ETF (NASDAQ:VONG). During the third quarter of 2024, the company enhanced its holdings by an impressive 41.2%. Following this acquisition, Allspring now owns 8,368 shares of VONG, having purchased an additional 2,441 shares over the quarter. The total value of Allspring's investment in the ETF has reached approximately $808,000.

Other institutional investors have also shown interest in the Vanguard Russell 1000 Growth ETF, as several firms recently altered their share ownership. For instance, Bernardo Wealth Planning LLC increased its position by 18.4% during the third quarter, now holding 186,421 shares valued at about $18.26 million after acquiring an additional 28,927 shares. Similarly, WestHill Financial Advisors Inc. raised its investment by 0.9%, bringing its total to 671,479 shares worth around $64.81 million, following the purchase of 6,274 shares. Meanwhile, Chicago Capital LLC entered the scene by purchasing a new stake valued at approximately $237,000.

In addition, Key Client Fiduciary Advisors LLC strengthened its position by 13.0%, now owning 7,957 shares valued at $768,000 after acquiring 918 more shares. Commonwealth Equity Services LLC also made a minor adjustment to its stake, increasing ownership by 0.8% to reach 2,054,868 shares worth about $198.34 million after buying another 16,377 shares in the last quarter.

Current Stock Performance of Vanguard Russell 1000 Growth ETF

As of the latest trading session, shares of the Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) opened at $96.21. The 50-day moving average stands at $95.59, while the 200-day moving average is $92.13. Notably, the ETF has experienced a fifty-two week low of $66.74 and a high of $99.84. Its market capitalization is recorded at $22.42 billion, accompanied by a price-to-earnings ratio of 36.74 and a beta of 1.08.

Recent Dividend Announcement

The Vanguard Russell 1000 Growth ETF recently declared a quarterly dividend, which was paid out on September 30, 2024. Shareholders who were on record as of September 26 received a dividend of $0.139 per share, resulting in an annualized dividend amounting to $0.56 and a dividend yield of 0.58%.

About Vanguard Russell 1000 Growth ETF

The Vanguard Russell 1000 Growth ETF (VONG) is an exchange-traded fund designed to track the Russell 1000 Growth Index. This index includes large- and mid-cap stocks from the Russell 1000 Index, characterized by high growth potential according to Russell's methodology. Launched on September 20, 2010, the ETF is managed by Vanguard.

Investments, Growth, ETF