Brookstone Capital Management Buys 2,331 Shares of Vanguard Russell 1000 Growth ETF $VONG

Brookstone Capital Management grew its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 15.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,273 shares of the company’s stock after purchasing an additional 2,331 shares during the period. Brookstone Capital Management’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,886,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Advantage Trust Co bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at approximately $29,000. Greykasell Wealth Strategies Inc. bought a new position in Vanguard Russell 1000 Growth ETF during the 1st quarter valued at about $35,000. Mather Group LLC. bought a new position in Vanguard Russell 1000 Growth ETF during the 1st quarter valued at about $37,000. ORG Wealth Partners LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 1,671.4% during the 2nd quarter. ORG Wealth Partners LLC now owns 372 shares of the company’s stock valued at $40,000 after purchasing an additional 351 shares during the last quarter. Finally, Angeles Wealth Management LLC bought a new position in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at about $42,000.

Vanguard Russell 1000 Growth ETF Trading Up 0.9%

Shares of NASDAQ:VONG opened at $122.72 on Friday. The company has a market capitalization of $33.20 billion, a price-to-earnings ratio of 33.25 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 12 month low of $79.39 and a 12 month high of $123.09. The firm’s 50-day moving average is $118.45 and its 200 day moving average is $108.82.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Wednesday, September 24th were issued a dividend of $0.1419 per share. This represents a $0.57 annualized dividend and a 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.