Beacon Pointe Advisors LLC Grows Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Beacon Pointe Advisors LLC grew its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 19.6% in the fourth quarter, Holdings Channel reports. The fund owned 790,159 shares of the company’s stock after buying an additional 129,493 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up about 0.9% of Beacon Pointe Advisors LLC’s portfolio, making the stock its 21st biggest position. Beacon Pointe Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $81,623,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of VONG. Jane Street Group LLC raised its position in Vanguard Russell 1000 Growth ETF by 275.4% in the 3rd quarter. Jane Street Group LLC now owns 10,128 shares of the company’s stock worth $978,000 after purchasing an additional 7,430 shares during the period. Wealthquest Corp lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 5.0% during the 3rd quarter. Wealthquest Corp now owns 1,268,388 shares of the company’s stock worth $120,839,000 after acquiring an additional 60,822 shares during the last quarter. Tudor Financial Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $855,000. Wilmington Savings Fund Society FSB boosted its holdings in Vanguard Russell 1000 Growth ETF by 441.1% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 18,029 shares of the company’s stock valued at $1,740,000 after acquiring an additional 14,697 shares during the period. Finally, Synovus Financial Corp bought a new position in Vanguard Russell 1000 Growth ETF in the 3rd quarter valued at $289,000.

Vanguard Russell 1000 Growth ETF Trading Up 1.5 %

Shares of VONG opened at $93.89 on Monday. The firm has a market capitalization of $24.64 billion, a P/E ratio of 29.81 and a beta of 1.08. The firm has a fifty day moving average price of $94.05 and a 200-day moving average price of $100.01. Vanguard Russell 1000 Growth ETF has a 12-month low of $79.40 and a 12-month high of $107.97.

Vanguard Russell 1000 Growth ETF Cuts Dividend

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