Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Hits New 1-Year High – Here’s What Happened

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $107.37 and last traded at $107.23, with a volume of 240504 shares traded. The stock had previously closed at $106.55.

Vanguard Russell 1000 Growth ETF Price Performance

The company has a market cap of $24.19 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The firm has a fifty day simple moving average of $101.24 and a 200 day simple moving average of $96.13.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.139 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.56 dividend on an annualized basis and a yield of 0.54%.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

Hedge funds have recently bought and sold shares of the company. Abound Wealth Management acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth about $27,000. Rothschild Investment LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the second quarter worth approximately $31,000. Eastern Bank bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the third quarter valued at approximately $35,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the second quarter worth $46,000. Finally, Coastline Trust Co bought a new position in Vanguard Russell 1000 Growth ETF during the third quarter worth $46,000.

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.