Valley Wealth Managers Inc. Raises Stake in Vanguard Russell 1000 Growth ETF $VONG

Valley Wealth Managers Inc. raised its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 11.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 531,649 shares of the company’s stock after acquiring an additional 54,596 shares during the quarter. Vanguard Russell 1000 Growth ETF accounts for about 3.8% of Valley Wealth Managers Inc.’s portfolio, making the stock its biggest holding. Valley Wealth Managers Inc. owned 0.16% of Vanguard Russell 1000 Growth ETF worth $58,317,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in VONG. Asset Management One Co. Ltd. grew its stake in shares of Vanguard Russell 1000 Growth ETF by 19.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 526 shares of the company’s stock worth $65,000 after purchasing an additional 84 shares during the last quarter. Wealthfront Advisers LLC raised its holdings 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 in the last quarter. Cedar Point Capital Partners LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 3.5% during the fourth quarter. Cedar Point Capital Partners LLC now owns 2,811 shares of the company’s stock valued at $342,000 after purchasing an additional 96 shares during the last quarter. Evolution Wealth Management Inc. lifted its stake in Vanguard Russell 1000 Growth ETF by 11.0% during the first quarter. Evolution Wealth Management Inc. now owns 976 shares of the company’s stock valued at $107,000 after purchasing an additional 97 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in 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 buying an additional 100 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ:VONG opened at $122.95 on Friday. The stock has a market capitalization of $43.18 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 1-year low of $105.22 and a 1-year high of $132.94. The company has a 50 day moving average price of $126.89 and a 200 day moving average price of $120.98.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a dividend of $0.1592 per share. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Thursday, June 18th. This represents a $0.64 dividend on an annualized basis 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.