Hsbc Holdings PLC Makes New $4.58 Million Investment in Vanguard Russell 1000 Growth ETF $VONG

Hsbc Holdings PLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the fourth quarter, HoldingsChannel reports. The firm acquired 37,580 shares of the company’s stock, valued at approximately $4,575,000.

Several other large investors have also recently made changes to their positions in the company. Apella Capital LLC grew its position in Vanguard Russell 1000 Growth ETF by 18.8% in the fourth quarter. Apella Capital LLC now owns 273,676 shares of the company’s stock worth $33,320,000 after acquiring an additional 43,231 shares in the last quarter. City Holding Co. purchased a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $1,206,000. Concurrent Investment Advisors LLC lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 100.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 21,372 shares of the company’s stock valued at $2,602,000 after purchasing an additional 10,723 shares during the last quarter. Winthrop Advisory Group LLC lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 386.5% in the 4th quarter. Winthrop Advisory Group LLC now owns 61,791 shares of the company’s stock valued at $7,523,000 after purchasing an additional 49,091 shares during the last quarter. Finally, Bare Financial Services Inc boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 7.9% in the 4th quarter. Bare Financial Services Inc now owns 91,866 shares of the company’s stock worth $11,185,000 after purchasing an additional 6,698 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Up 1.3%

Shares of VONG opened at $126.93 on Friday. The company has a market cap of $44.57 billion, a PE ratio of 33.25 and a beta of 1.16. The business has a fifty day moving average of $126.77 and a 200 day moving average of $120.86. Vanguard Russell 1000 Growth ETF has a 52-week low of $105.22 and a 52-week high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a $0.1592 dividend. 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 Thursday, June 18th. This represents a $0.64 dividend on an annualized basis 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.