Mesirow Financial Investment Management Inc. Has $12.15 Million Stake in Vanguard Russell 1000 Growth ETF $VONG

Mesirow Financial Investment Management Inc. decreased its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 38.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 99,763 shares of the company’s stock after selling 63,495 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $12,146,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Investment Research & Advisory Group Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter worth about $25,000. WPG Advisers LLC acquired a new stake in Vanguard Russell 1000 Growth ETF in the 3rd quarter worth about $31,000. Founders Financial Alliance LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter valued at approximately $32,000. West Paces Advisors Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at approximately $42,000. Finally, 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 valued at $43,000 after buying an additional 254 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 0.8%

Shares of NASDAQ:VONG opened at $127.98 on Thursday. The firm has a 50 day moving average of $117.03 and a 200-day moving average of $119.47. The stock has a market capitalization of $43.65 billion, a PE ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 12 month low of $99.91 and a 12 month high of $128.34.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were given a $0.1418 dividend. This represents a $0.57 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Tuesday, March 24th. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.