Evergreen Wealth Partners LLC Makes New $20.67 Million Investment in Vanguard Russell 1000 Growth ETF $VONG

Evergreen Wealth Partners LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 169,760 shares of the company’s stock, valued at approximately $20,668,000. Vanguard Russell 1000 Growth ETF makes up about 17.4% of Evergreen Wealth Partners LLC’s investment portfolio, making the stock its biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Investment Research & Advisory Group Inc. acquired a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter worth $25,000. WPG Advisers LLC acquired a new position in Vanguard Russell 1000 Growth ETF during the third quarter worth $31,000. Founders Financial Alliance LLC acquired a new position in Vanguard Russell 1000 Growth ETF during the third quarter worth $32,000. West Paces Advisors Inc. acquired a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter worth $42,000. Finally, Golden State Wealth Management LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 244.2% during the third quarter. Golden State Wealth Management LLC now owns 358 shares of the company’s stock worth $43,000 after buying an additional 254 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ VONG opened at $128.01 on Friday. The stock’s fifty day moving average is $117.55 and its two-hundred day moving average is $119.58. The firm has a market capitalization of $43.66 billion, a P/E ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $99.91 and a fifty-two week high of $129.73.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently disclosed 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. This represents a $0.57 dividend on an annualized basis and a yield of 0.4%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Tuesday, March 24th.

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.