Concourse Financial Group Securities Inc. Has $16.96 Million Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Concourse Financial Group Securities Inc. lifted its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,506 shares of the company’s stock after purchasing an additional 4,936 shares during the quarter. Vanguard Russell 1000 Growth ETF accounts for 0.9% of Concourse Financial Group Securities Inc.’s portfolio, making the stock its 17th largest position. Concourse Financial Group Securities Inc. owned about 0.07% of Vanguard Russell 1000 Growth ETF worth $16,957,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VONG. Lokken Investment Group LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF by 1.8% in the 4th quarter. Lokken Investment Group LLC now owns 5,420 shares of the company’s stock valued at $560,000 after purchasing an additional 96 shares during the period. Axxcess Wealth Management LLC grew its position in Vanguard Russell 1000 Growth ETF by 4.7% in the fourth quarter. Axxcess Wealth Management LLC now owns 2,204 shares of the company’s stock valued at $228,000 after acquiring an additional 99 shares during the period. Black Point Wealth Management raised its stake in Vanguard Russell 1000 Growth ETF by 1.0% during the fourth quarter. Black Point Wealth Management now owns 12,191 shares of the company’s stock worth $1,259,000 after acquiring an additional 126 shares in the last quarter. United Capital Financial Advisors LLC raised its stake in Vanguard Russell 1000 Growth ETF by 4.3% during the fourth quarter. United Capital Financial Advisors LLC now owns 3,298 shares of the company’s stock worth $341,000 after acquiring an additional 136 shares in the last quarter. Finally, Prepared Retirement Institute LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 6.0% in the 4th quarter. Prepared Retirement Institute LLC now owns 2,754 shares of the company’s stock valued at $284,000 after purchasing an additional 156 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Up 0.1 %

Shares of Vanguard Russell 1000 Growth ETF stock opened at $87.90 on Friday. Vanguard Russell 1000 Growth ETF has a 12-month low of $79.40 and a 12-month high of $107.97. The stock has a market capitalization of $23.07 billion, a P/E ratio of 31.13 and a beta of 1.08. The company has a 50-day simple moving average of $96.09 and a 200 day simple moving average of $100.23.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.1366 per share. This represents a $0.55 annualized dividend and a dividend yield of 0.62%. The ex-dividend date of this dividend was Tuesday, March 25th.

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.