Baer Investment Advisory LLC Invests $1.68 Million in Vanguard Russell 1000 Growth ETF $VONG

Baer Investment Advisory LLC bought a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 15,290 shares of the company’s stock, valued at approximately $1,677,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VONG. Bank of America Corp DE boosted its position in shares of Vanguard Russell 1000 Growth ETF by 51.7% in the fourth quarter. Bank of America Corp DE now owns 51,255,902 shares of the company’s stock worth $6,240,406,000 after buying an additional 17,473,802 shares during the period. Valpey Financial Services LLC raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 11,768.8% during the 4th quarter. Valpey Financial Services LLC now owns 1,737,121 shares of the company’s stock valued at $211,494,000 after buying an additional 1,722,485 shares during the period. Jabodon PT Co. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter valued at about $177,692,000. Quent Long Short Global Small Cap Fund LP acquired a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $128,233,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $123,378,000.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ VONG opened at $124.74 on Friday. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $105.22 and a fifty-two week high of $132.94. The business has a 50 day moving average price of $126.52 and a two-hundred day moving average price of $120.71. The stock has a market cap of $43.63 billion, a PE ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a $0.1592 dividend. This represents a $0.64 annualized dividend and a dividend yield of 0.5%. 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.

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.