Strategic Investment Advisors MI Invests $2.52 Million in Vanguard Russell 1000 Growth ETF $VONG

Strategic Investment Advisors MI acquired a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 20,936 shares of the company’s stock, valued at approximately $2,523,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fulton Bank N.A. raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 0.6% in the 3rd quarter. Fulton Bank N.A. now owns 13,717 shares of the company’s stock valued at $1,653,000 after acquiring an additional 88 shares in the last quarter. Sax Wealth Advisors LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF by 2.7% during the 3rd quarter. Sax Wealth Advisors LLC now owns 3,627 shares of the company’s stock valued at $437,000 after acquiring an additional 96 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 2.9% during the third quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock worth $427,000 after purchasing an additional 100 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 16.0% during the third quarter. Larson Financial Group LLC now owns 763 shares of the company’s stock worth $92,000 after purchasing an additional 105 shares in the last quarter. Finally, Cordatus Wealth Management LLC increased its position in shares of Vanguard Russell 1000 Growth ETF by 1.5% in the third quarter. Cordatus Wealth Management LLC now owns 7,536 shares of the company’s stock worth $908,000 after purchasing an additional 115 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of VONG opened at $112.60 on Thursday. The firm’s 50 day simple moving average is $117.78 and its 200 day simple moving average is $119.91. The company has a market capitalization of $33.41 billion, a P/E ratio of 33.25 and a beta of 1.12. Vanguard Russell 1000 Growth ETF has a 1-year low of $79.39 and a 1-year high of $126.83.

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.