Renaissance Technologies LLC Takes $8.74 Million Position in Vanguard Russell 1000 Growth ETF $VONG

Renaissance Technologies LLC purchased a new position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 79,700 shares of the company’s stock, valued at approximately $8,742,000.

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

Vanguard Russell 1000 Growth ETF Price Performance

Vanguard Russell 1000 Growth ETF stock opened at $121.91 on Monday. The stock has a market cap of $42.81 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 firm has a 50-day moving average of $125.63 and a two-hundred day moving average of $120.93.

Vanguard Russell 1000 Growth ETF Increases Dividend

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