Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Shares Cross Below 200-Day Moving Average – Here’s Why

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG – Get Free Report) shares crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $122.97 and traded as low as $119.80. Vanguard Russell 1000 Growth ETF shares last traded at $121.09, with a volume of 1,483,353 shares changing hands.

Vanguard Russell 1000 Growth ETF Price Performance

The firm has a market capitalization of $44.22 billion, a PE ratio of 33.25 and a beta of 1.16. The business has a 50-day simple moving average of $127.28 and a 200-day simple moving average of $122.97.

Hedge Funds Weigh In On Vanguard Russell 1000 Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Harbor Investment Advisory LLC lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 334.4% during the 1st quarter. Harbor Investment Advisory LLC now owns 278 shares of the company’s stock valued at $30,000 after purchasing an additional 214 shares during the last quarter. Strive Financial Group LLC acquired a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at approximately $30,000. Farmers & Merchants Investments Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF in the third quarter valued at $39,000. Ballast Advisors LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter worth about $42,000. Finally, Cranbrook Wealth Management LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $48,000.

About Vanguard Russell 1000 Growth ETF

(Get Free Report)

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.

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