NewEdge Wealth LLC Raises Stake in Vanguard Russell 1000 Growth ETF $VONG

NewEdge Wealth LLC grew its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 180.2% in the first quarter, HoldingsChannel.com reports. The firm owned 7,348 shares of the company’s stock after acquiring an additional 4,726 shares during the period. NewEdge Wealth LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $806,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Investment Research & Advisory Group Inc. bought a new position in Vanguard Russell 1000 Growth ETF in the 4th quarter worth $25,000. Glen Eagle Advisors LLC purchased a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter worth $25,000. Triumph Capital Management raised its holdings in Vanguard Russell 1000 Growth ETF by 208.6% during the fourth quarter. Triumph Capital Management now owns 216 shares of the company’s stock valued at $26,000 after acquiring an additional 146 shares during the period. Harbor Investment Advisory LLC raised its holdings in 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 acquiring an additional 214 shares during the period. Finally, Quadrant Capital Group LLC bought a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at about $32,000.

Vanguard Russell 1000 Growth ETF Stock Down 0.5%

Shares of Vanguard Russell 1000 Growth ETF stock opened at $120.57 on Tuesday. The company has a market capitalization of $42.34 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. The stock’s 50-day simple moving average is $126.27 and its 200-day simple moving average is $121.00. 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors 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 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.