Clare Market Investments LLC Invests $698,000 in Vanguard Russell 1000 Growth ETF $VONG

Clare Market Investments LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the first quarter, HoldingsChannel reports. The firm acquired 6,360 shares of the company’s stock, valued at approximately $698,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Investment Research & Advisory Group Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at $25,000. Glen Eagle Advisors LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at approximately $25,000. Triumph Capital Management raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 208.6% in the 4th quarter. Triumph Capital Management now owns 216 shares of the company’s stock worth $26,000 after buying an additional 146 shares in the last quarter. Harbor Investment Advisory LLC raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 334.4% in the 1st quarter. Harbor Investment Advisory LLC now owns 278 shares of the company’s stock worth $30,000 after buying an additional 214 shares in the last quarter. Finally, Quadrant Capital Group LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $32,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ VONG opened at $125.51 on Tuesday. Vanguard Russell 1000 Growth ETF has a 52-week low of $105.22 and a 52-week high of $132.94. The business has a fifty day moving average of $126.62 and a two-hundred day moving average of $120.75. The stock has a market cap of $43.89 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. Shareholders of record on Thursday, June 18th were paid a dividend of $0.1592 per share. This is a positive change 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%. The ex-dividend date of this dividend was Thursday, June 18th.

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.