Spartan Wealth Advisory Services LLC Buys Shares of 106,236 Vanguard Russell 1000 Growth ETF $VONG

Spartan Wealth Advisory Services LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 106,236 shares of the company’s stock, valued at approximately $11,653,000. Vanguard Russell 1000 Growth ETF comprises 1.0% of Spartan Wealth Advisory Services LLC’s investment portfolio, making the stock its 21st biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its stake in shares of Vanguard Russell 1000 Growth ETF by 51.7% in the 4th quarter. Bank of America Corp DE now owns 51,255,902 shares of the company’s stock valued at $6,240,406,000 after acquiring an additional 17,473,802 shares in the last quarter. LPL Financial LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 6.4% during the fourth quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock valued at $995,208,000 after purchasing an additional 494,747 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,229,899 shares of the company’s stock worth $514,990,000 after buying an additional 245,413 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 7.3% in the second quarter. Ameriprise Financial Inc. now owns 3,710,855 shares of the company’s stock worth $405,968,000 after buying an additional 251,712 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 16.8% during the 2nd quarter. Raymond James Financial Inc. now owns 3,705,989 shares of the company’s stock worth $404,694,000 after buying an additional 534,216 shares during the period.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of Vanguard Russell 1000 Growth ETF stock opened at $122.95 on Friday. The company has a market cap of $43.18 billion, a PE ratio of 33.25 and a beta of 1.16. The firm has a fifty day moving average price of $126.89 and a two-hundred day moving average price of $120.98. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $105.22 and a fifty-two week high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a $0.1592 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.64 annualized dividend and a yield of 0.5%.

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.