Pacific Life Fund Advisors LLC Has $37.87 Million Stock Position in Vanguard Russell 1000 Growth ETF $VONG

Pacific Life Fund Advisors LLC grew its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 7.0% during the first quarter, HoldingsChannel.com reports. The firm owned 345,222 shares of the company’s stock after purchasing an additional 22,658 shares during the period. Vanguard Russell 1000 Growth ETF makes up approximately 4.3% of Pacific Life Fund Advisors LLC’s portfolio, making the stock its 8th biggest holding. Pacific Life Fund Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $37,867,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Asset Management One Co. Ltd. increased its stake in shares of Vanguard Russell 1000 Growth ETF by 19.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 526 shares of the company’s stock valued at $65,000 after buying an additional 84 shares during the period. Cedar Point Capital Partners LLC boosted its position in Vanguard Russell 1000 Growth ETF by 3.5% during the 4th quarter. Cedar Point Capital Partners LLC now owns 2,811 shares of the company’s stock worth $342,000 after buying an additional 96 shares during the period. Evolution Wealth Management Inc. boosted its position in Vanguard Russell 1000 Growth ETF by 11.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 976 shares of the company’s stock worth $107,000 after buying an additional 97 shares during the period. Franklin Resources Inc. grew its holdings in Vanguard Russell 1000 Growth ETF by 2.9% during the 3rd quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock worth $427,000 after acquiring an additional 100 shares during the last quarter. Finally, McIlrath & Eck LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 22.2% during the 4th quarter. McIlrath & Eck LLC now owns 561 shares of the company’s stock worth $68,000 after acquiring an additional 102 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

VONG stock opened at $127.57 on Monday. The company has a fifty day moving average price of $126.88 and a 200-day moving average price of $120.90. The company has a market capitalization of $44.80 billion, a P/E ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 52-week low of $105.22 and a 52-week high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a $0.1592 dividend. The ex-dividend date was Thursday, June 18th. This is a boost 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%.

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.