Tennessee Valley Asset Management Partners Raises Stock Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Tennessee Valley Asset Management Partners boosted its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 5.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,696 shares of the company’s stock after purchasing an additional 1,635 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in Vanguard Russell 1000 Growth ETF were worth $2,941,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VONG. Legacy Investment Solutions LLC bought a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $42,000. Investment Counsel Co. of Nevada acquired a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at approximately $51,000. Copia Wealth Management boosted its stake in Vanguard Russell 1000 Growth ETF by 3,212.5% in the first quarter. Copia Wealth Management now owns 530 shares of the company’s stock valued at $49,000 after acquiring an additional 514 shares during the period. Providence First Trust Co bought a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $62,000. Finally, Measured Risk Portfolios Inc. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $64,000.

Vanguard Russell 1000 Growth ETF Trading Up 1.2%

Shares of NASDAQ VONG opened at $105.63 on Tuesday. Vanguard Russell 1000 Growth ETF has a 12-month low of $79.40 and a 12-month high of $107.97. The company has a market cap of $27.72 billion, a price-to-earnings ratio of 32.77 and a beta of 1.08. The stock’s 50 day simple moving average is $97.96 and its 200 day simple moving average is $100.32.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a $0.1366 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date was Tuesday, March 25th.

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.