Kinetic Wealth Investment Advisors LLC Invests $52.36 Million in Vanguard Russell 1000 Growth ETF $VONG

Kinetic Wealth Investment Advisors LLC bought a new position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 409,654 shares of the company’s stock, valued at approximately $52,358,000. Vanguard Russell 1000 Growth ETF comprises about 24.6% of Kinetic Wealth Investment Advisors LLC’s investment portfolio, making the stock its biggest position. Kinetic Wealth Investment Advisors LLC owned approximately 0.12% of Vanguard Russell 1000 Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Wealthfront Advisers LLC raised its position in Vanguard Russell 1000 Growth ETF by 3.6% in the first quarter. Wealthfront Advisers LLC now owns 2,587 shares of the company’s stock worth $284,000 after acquiring an additional 89 shares during the period. Cedar Point Capital Partners LLC grew its position in shares of Vanguard Russell 1000 Growth ETF by 3.5% during the 4th quarter. Cedar Point Capital Partners LLC now owns 2,811 shares of the company’s stock valued at $342,000 after acquiring an additional 96 shares during the period. Evolution Wealth Management Inc. grew its position in shares of Vanguard Russell 1000 Growth ETF by 11.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 976 shares of the company’s stock valued at $107,000 after acquiring an additional 97 shares during the period. Franklin Resources Inc. grew its position in shares of Vanguard Russell 1000 Growth ETF by 2.9% during the 3rd quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock valued at $427,000 after acquiring an additional 100 shares during the period. Finally, Bogart Wealth LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 1.6% in the 1st quarter. Bogart Wealth LLC now owns 6,623 shares of the company’s stock worth $727,000 after purchasing an additional 102 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of Vanguard Russell 1000 Growth ETF stock opened at $127.05 on Tuesday. Vanguard Russell 1000 Growth ETF has a one year low of $105.22 and a one year high of $132.94. The stock’s fifty day moving average is $125.52 and its 200 day moving average is $122.37. The stock has a market cap of $44.61 billion, a P/E ratio of 33.25 and a beta of 1.16.

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.