Vanguard Russell 1000 Growth ETF $VONG is Valley Wealth Managers Inc.’s Largest Position

Valley Wealth Managers Inc. grew its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 11.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 531,649 shares of the company’s stock after purchasing an additional 54,596 shares during the period. Vanguard Russell 1000 Growth ETF comprises approximately 3.8% of Valley Wealth Managers Inc.’s holdings, making the stock its largest holding. Valley Wealth Managers Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $58,317,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VONG. Investment Research & Advisory Group Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $25,000. Glen Eagle Advisors LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter worth $25,000. Triumph Capital Management boosted its position in shares of Vanguard Russell 1000 Growth ETF by 208.6% in the fourth quarter. Triumph Capital Management now owns 216 shares of the company’s stock worth $26,000 after buying an additional 146 shares during the period. Harbor Investment Advisory LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 334.4% during the first quarter. Harbor Investment Advisory LLC now owns 278 shares of the company’s stock valued at $30,000 after buying an additional 214 shares in the last quarter. Finally, Quadrant Capital Group LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter valued at $32,000.

Vanguard Russell 1000 Growth ETF Trading Down 1.4%

NASDAQ:VONG opened at $122.95 on Friday. The firm has a market capitalization of $43.18 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 1-year low of $105.22 and a 1-year high of $132.94. The business’s fifty day moving average price is $126.89 and its 200 day moving average price is $120.98.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a dividend of $0.1592 per share. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.64 annualized dividend and a yield of 0.5%.

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.