Freedom Investment Management Inc. Increases Position in Vanguard Russell 1000 Growth ETF $VONG

Freedom Investment Management Inc. raised its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 58.0% during the second quarter, HoldingsChannel reports. The firm owned 102,747 shares of the company’s stock after buying an additional 37,727 shares during the quarter. Vanguard Russell 1000 Growth ETF accounts for 0.9% of Freedom Investment Management Inc.’s holdings, making the stock its 20th biggest position. Freedom Investment Management Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $11,220,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VONG. Advantage Trust Co purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at approximately $29,000. Greykasell Wealth Strategies Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at $35,000. Mather Group LLC. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at $37,000. ORG Wealth Partners LLC boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 1,671.4% in the 2nd quarter. ORG Wealth Partners LLC now owns 372 shares of the company’s stock valued at $40,000 after buying an additional 351 shares in the last quarter. Finally, Angeles Wealth Management LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at $42,000.

Vanguard Russell 1000 Growth ETF Trading Down 0.8%

Shares of Vanguard Russell 1000 Growth ETF stock opened at $120.64 on Thursday. The company has a fifty day simple moving average of $118.20 and a 200-day simple moving average of $108.29. Vanguard Russell 1000 Growth ETF has a 12-month low of $79.39 and a 12-month high of $122.66. The stock has a market cap of $32.64 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 issued a $0.1419 dividend. This represents a $0.57 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, September 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13.

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.