34,898 Shares in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Purchased by Diversified LLC

Diversified LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,898 shares of the company’s stock, valued at approximately $3,274,000. Vanguard Russell 1000 Growth ETF comprises about 0.4% of Diversified LLC’s holdings, making the stock its 20th biggest holding.

Several other hedge funds also recently modified their holdings of the company. QRG Capital Management Inc. raised its stake in shares of Vanguard Russell 1000 Growth ETF by 43.2% in the fourth quarter. QRG Capital Management Inc. now owns 7,394 shares of the company’s stock worth $577,000 after acquiring an additional 2,232 shares during the last quarter. RFG Advisory LLC bought a new position in Vanguard Russell 1000 Growth ETF in the first quarter valued at about $1,540,000. Main Street Financial Solutions LLC increased its position in Vanguard Russell 1000 Growth ETF by 79.4% in the fourth quarter. Main Street Financial Solutions LLC now owns 7,698 shares of the company’s stock worth $601,000 after purchasing an additional 3,406 shares during the period. PNC Financial Services Group Inc. raised its holdings in Vanguard Russell 1000 Growth ETF by 2.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,076,077 shares of the company’s stock worth $83,956,000 after purchasing an additional 24,918 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its position in Vanguard Russell 1000 Growth ETF by 70.2% during the 1st quarter. Park Avenue Securities LLC now owns 14,761 shares of the company’s stock valued at $1,279,000 after purchasing an additional 6,089 shares during the period.

Vanguard Russell 1000 Growth ETF Trading Up 1.2 %

Shares of NASDAQ:VONG traded up $1.10 during trading on Friday, hitting $94.72. 1,622,384 shares of the company’s stock were exchanged, compared to its average volume of 842,075. The firm has a market cap of $21.19 billion, a P/E ratio of 36.74 and a beta of 1.08. The firm has a 50-day moving average price of $93.22 and a two-hundred day moving average price of $88.57. 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 firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were issued a dividend of $0.141 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date was Thursday, June 27th.

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.