Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sees Unusually-High Trading Volume – What’s Next?

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) shares saw unusually-strong trading volume on Thursday . Approximately 1,245,089 shares changed hands during trading, a decline of 1% from the previous session’s volume of 1,258,164 shares.The stock last traded at $122.2770 and had previously closed at $123.37.

Vanguard Russell 1000 Growth ETF Trading Down 0.2%

The stock has a market cap of $33.30 billion, a PE ratio of 33.25 and a beta of 1.12. The business has a 50 day moving average of $121.91 and a 200-day moving average of $115.40.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Wednesday, September 24th were issued a dividend of $0.1419 per share. This represents a $0.57 annualized dividend and a dividend yield of 0.5%. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13. The ex-dividend date was Wednesday, September 24th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. WPG Advisers LLC purchased a new stake in Vanguard Russell 1000 Growth ETF in the third quarter valued at approximately $31,000. Founders Financial Alliance LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter valued at $32,000. Advantage Trust Co acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth $29,000. Golden State Wealth Management LLC raised its position in shares of Vanguard Russell 1000 Growth ETF by 244.2% in the 3rd 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 period. Finally, Peachtree Investment Partners LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter worth $44,000.

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.