Robinhood Asset Management LLC Makes New $1.22 Million Investment in Vanguard Russell 1000 Growth ETF $VONG

Robinhood Asset Management LLC bought a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 4th quarter, HoldingsChannel reports. The fund bought 10,049 shares of the company’s stock, valued at approximately $1,224,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Amundi acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter worth approximately $488,000. AQR Capital Management LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 9.1% during the first quarter. AQR Capital Management LLC now owns 37,849 shares of the company’s stock worth $3,512,000 after purchasing an additional 3,154 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 17.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 473,073 shares of the company’s stock valued at $43,896,000 after purchasing an additional 69,346 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 13.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,489 shares of the company’s stock valued at $272,000 after purchasing an additional 287 shares in the last quarter. Finally, Invesco Ltd. bought a new position in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at $475,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Vanguard Russell 1000 Growth ETF stock opened at $111.11 on Tuesday. Vanguard Russell 1000 Growth ETF has a 52 week low of $79.39 and a 52 week high of $126.83. The stock has a market capitalization of $37.13 billion, a P/E ratio of 33.25 and a beta of 1.12. The stock has a fifty day moving average of $114.92 and a 200-day moving average of $119.28.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were paid a dividend of $0.1418 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a yield of 0.5%.

Vanguard Russell 1000 Growth ETF 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.