Quadrant Private Wealth Management LLC Invests $554,000 in Vanguard Russell 1000 Growth ETF $VONG

Quadrant Private Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,054 shares of the company’s stock, valued at approximately $554,000.

Several other large investors have also recently modified their holdings of VONG. Amundi bought a new position in Vanguard Russell 1000 Growth ETF in the 1st quarter worth about $488,000. AQR Capital Management LLC increased its stake in 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 valued at $3,512,000 after purchasing an additional 3,154 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in 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 valued at $43,896,000 after purchasing an additional 69,346 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Vanguard Russell 1000 Growth ETF by 13.0% in the second quarter. Russell Investments Group Ltd. now owns 2,489 shares of the company’s stock worth $272,000 after buying an additional 287 shares during the last quarter. Finally, Invesco Ltd. purchased a new position in Vanguard Russell 1000 Growth ETF in the second quarter worth about $475,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ VONG opened at $122.95 on Friday. The firm’s 50 day moving average price is $126.89 and its 200-day moving average price is $120.98. Vanguard Russell 1000 Growth ETF has a 52-week low of $105.22 and a 52-week high of $132.94. The company has a market cap of $43.18 billion, a PE 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. Investors of record on Thursday, June 18th were issued a $0.1592 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 0.5%. 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.

Vanguard Russell 1000 Growth ETF Profile

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.