Robinhood Asset Management LLC Invests $1.22 Million in Vanguard Russell 1000 Growth ETF $VONG

Robinhood Asset Management LLC bought a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,049 shares of the company’s stock, valued at approximately $1,224,000.

Several other institutional investors and hedge funds have also modified their holdings of VONG. Amundi bought a new position in Vanguard Russell 1000 Growth ETF during the first quarter worth about $488,000. AQR Capital Management LLC grew its position in shares of Vanguard Russell 1000 Growth ETF by 9.1% during the 1st quarter. AQR Capital Management LLC now owns 37,849 shares of the company’s stock worth $3,512,000 after purchasing an additional 3,154 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Vanguard Russell 1000 Growth ETF by 17.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 473,073 shares of the company’s stock worth $43,896,000 after purchasing an additional 69,346 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 13.0% during the second quarter. Russell Investments Group Ltd. now owns 2,489 shares of the company’s stock worth $272,000 after purchasing an additional 287 shares during the period. Finally, Invesco Ltd. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the second quarter valued at approximately $475,000.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of NASDAQ:VONG opened at $111.11 on Tuesday. The business’s 50 day simple moving average is $114.92 and its 200 day simple moving average is $119.28. Vanguard Russell 1000 Growth ETF has a 1 year low of $79.39 and a 1 year high of $126.83. The company has a market capitalization of $37.13 billion, a P/E ratio of 33.25 and a beta of 1.12.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.