Olympus Wealth Management LLC Purchases New Shares in Vanguard Russell 1000 Growth ETF $VONG

Olympus Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,227 shares of the company’s stock, valued at approximately $462,000. Vanguard Russell 1000 Growth ETF accounts for 0.2% of Olympus Wealth Management LLC’s holdings, making the stock its 19th biggest position.

Several other institutional investors have also modified their holdings of the stock. LPL Financial LLC grew its position in shares of Vanguard Russell 1000 Growth ETF by 19.5% in the first quarter. LPL Financial LLC now owns 6,602,552 shares of the company’s stock valued at $612,651,000 after purchasing an additional 1,077,100 shares during the period. TIAA Trust National Association grew its position in shares of Vanguard Russell 1000 Growth ETF by 0.4% in the first quarter. TIAA Trust National Association now owns 4,642,676 shares of the company’s stock valued at $430,794,000 after purchasing an additional 17,893 shares during the period. Citigroup Inc. grew its position in shares of Vanguard Russell 1000 Growth ETF by 3.3% in the first quarter. Citigroup Inc. now owns 3,675,208 shares of the company’s stock valued at $341,023,000 after purchasing an additional 117,686 shares during the period. Raymond James Financial Inc. grew its position in shares of Vanguard Russell 1000 Growth ETF by 6.7% in the first quarter. Raymond James Financial Inc. now owns 3,171,773 shares of the company’s stock valued at $294,309,000 after purchasing an additional 198,869 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in shares of Vanguard Russell 1000 Growth ETF by 4.3% in the first quarter. Commonwealth Equity Services LLC now owns 2,301,287 shares of the company’s stock valued at $213,536,000 after purchasing an additional 95,194 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Up 0.4%

Shares of NASDAQ VONG opened at $119.56 on Monday. The company’s 50-day simple moving average is $115.54 and its 200-day simple moving average is $105.11. Vanguard Russell 1000 Growth ETF has a 52-week low of $79.39 and a 52-week high of $121.82. The firm has a market cap of $32.04 billion, a price-to-earnings ratio of 33.25 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Wednesday, September 24th were given a $0.1419 dividend. This represents a $0.57 annualized dividend and a dividend yield of 0.5%. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13. The ex-dividend date was Wednesday, September 24th.

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.