Kingswood Wealth Advisors LLC Has $3.29 Million Stock Position in Vanguard Russell 1000 Growth ETF $VONG

Kingswood Wealth Advisors LLC raised its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 141.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 27,010 shares of the company’s stock after acquiring an additional 15,814 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $3,288,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VONG. Investment Research & Advisory Group Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at $25,000. WPG Advisers LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter valued at $31,000. Founders Financial Alliance LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter valued at $32,000. West Paces Advisors Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at $42,000. Finally, Golden State Wealth Management LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 244.2% in the 3rd quarter. Golden State Wealth Management LLC now owns 358 shares of the company’s stock valued at $43,000 after purchasing an additional 254 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ:VONG opened at $123.21 on Thursday. The firm’s fifty day moving average is $114.78 and its 200-day moving average is $119.12. Vanguard Russell 1000 Growth ETF has a 52 week low of $89.60 and a 52 week high of $126.83. The firm has a market cap of $42.02 billion, a P/E ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were paid a $0.1418 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.