PUREfi Wealth LLC Purchases New Stake in Vanguard Russell 1000 Growth ETF $VONG

PUREfi Wealth LLC purchased a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 1,986 shares of the company’s stock, valued at approximately $217,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. DAVENPORT & Co LLC raised its holdings in Vanguard Russell 1000 Growth ETF by 3.4% in the second quarter. DAVENPORT & Co LLC now owns 28,510 shares of the company’s stock valued at $3,113,000 after acquiring an additional 940 shares in the last quarter. Valpey Financial Services LLC acquired a new stake in Vanguard Russell 1000 Growth ETF in the second quarter valued at $1,720,000. Fortitude Advisory Group L.L.C. raised its holdings in Vanguard Russell 1000 Growth ETF by 30.4% in the second quarter. Fortitude Advisory Group L.L.C. now owns 4,095 shares of the company’s stock valued at $447,000 after acquiring an additional 955 shares in the last quarter. Wealthcare Advisory Partners LLC raised its holdings in Vanguard Russell 1000 Growth ETF by 51.6% in the second quarter. Wealthcare Advisory Partners LLC now owns 29,765 shares of the company’s stock valued at $3,250,000 after acquiring an additional 10,125 shares in the last quarter. Finally, Windward Private Wealth Management Inc. raised its holdings in Vanguard Russell 1000 Growth ETF by 5.6% in the second quarter. Windward Private Wealth Management Inc. now owns 318,222 shares of the company’s stock valued at $34,750,000 after acquiring an additional 16,909 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

VONG opened at $120.92 on Monday. The stock has a market capitalization of $33.03 billion, a PE ratio of 33.25 and a beta of 1.08. The firm’s fifty day moving average price is $116.39 and its 200 day moving average price is $106.02. Vanguard Russell 1000 Growth ETF has a 12-month low of $79.39 and a 12-month high of $121.89.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were issued a dividend of $0.1419 per share. This represents a $0.57 dividend on an annualized basis 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 of this dividend was Wednesday, September 24th.

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.