Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Hits New 12-Month High – Here’s What Happened

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $129.84 and last traded at $129.75, with a volume of 335805 shares traded. The stock had previously closed at $128.62.

Vanguard Russell 1000 Growth ETF Price Performance

The company has a market capitalization of $44.08 billion, a P/E ratio of 33.25 and a beta of 1.16. The business has a 50-day moving average of $119.02 and a 200-day moving average of $119.66.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

Institutional Trading of Vanguard Russell 1000 Growth ETF

A number of institutional investors have recently bought and sold shares of VONG. Amundi purchased a new stake in Vanguard Russell 1000 Growth ETF in the first quarter worth $488,000. AQR Capital Management LLC increased its stake in Vanguard Russell 1000 Growth ETF by 9.1% in the first quarter. AQR Capital Management LLC now owns 37,849 shares of the company’s stock worth $3,512,000 after purchasing an additional 3,154 shares during the period. Goldman Sachs Group Inc. increased its stake in Vanguard Russell 1000 Growth ETF by 17.2% in the first quarter. Goldman Sachs Group Inc. now owns 473,073 shares of the company’s stock worth $43,896,000 after purchasing an additional 69,346 shares during the period. Russell Investments Group Ltd. increased its stake in Vanguard Russell 1000 Growth ETF by 13.0% in the second quarter. Russell Investments Group Ltd. now owns 2,489 shares of the company’s stock worth $272,000 after purchasing an additional 287 shares during the period. Finally, Invesco Ltd. purchased a new stake in Vanguard Russell 1000 Growth ETF in the second quarter worth $475,000.

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.