IFS Group LLC Invests $1.06 Million in Vanguard Russell 1000 Growth ETF $VONG

IFS Group LLC purchased a new position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONGFree Report) in the first quarter, HoldingsChannel reports. The fund purchased 9,656 shares of the company’s stock, valued at approximately $1,059,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Asset Management One Co. Ltd. boosted its stake in Vanguard Russell 1000 Growth ETF by 19.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 526 shares of the company’s stock valued at $65,000 after acquiring an additional 84 shares during the last quarter. Wealthfront Advisers LLC increased its position in shares of Vanguard Russell 1000 Growth ETF by 3.6% in the 1st quarter. Wealthfront Advisers LLC now owns 2,587 shares of the company’s stock worth $284,000 after purchasing an additional 89 shares during the last quarter. Cedar Point Capital Partners LLC increased its position in shares of Vanguard Russell 1000 Growth ETF by 3.5% in the 4th quarter. Cedar Point Capital Partners LLC now owns 2,811 shares of the company’s stock worth $342,000 after purchasing an additional 96 shares during the last quarter. Evolution Wealth Management Inc. raised its stake in shares of Vanguard Russell 1000 Growth ETF by 11.0% in the 1st quarter. Evolution Wealth Management Inc. now owns 976 shares of the company’s stock valued at $107,000 after purchasing an additional 97 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Vanguard Russell 1000 Growth ETF by 2.9% in the 3rd quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock valued at $427,000 after purchasing an additional 100 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG stock opened at $117.42 on Thursday. Vanguard Russell 1000 Growth ETF has a one year low of $105.22 and a one year high of $132.94. The company’s 50-day simple moving average is $125.91 and its 200-day simple moving average is $120.95. The stock has a market capitalization of $41.23 billion, a price-to-earnings 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 Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a dividend of $0.1592 per share. The ex-dividend date was Thursday, June 18th. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.64 annualized dividend and a yield of 0.5%.

Vanguard Russell 1000 Growth ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

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