Vanguard Russell 1000 Growth ETF $VONG is Highland Financial Advisors LLC’s 5th Largest Position

Highland Financial Advisors LLC lifted its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 21.4% during the second quarter, Holdings Channel reports. The institutional investor owned 299,639 shares of the company’s stock after acquiring an additional 52,805 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up approximately 8.4% of Highland Financial Advisors LLC’s investment portfolio, making the stock its 5th largest position. Highland Financial Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $38,297,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Concurrent Investment Advisors LLC grew its position in Vanguard Russell 1000 Growth ETF by 100.7% during the fourth quarter. Concurrent Investment Advisors LLC now owns 21,372 shares of the company’s stock valued at $2,602,000 after buying an additional 10,723 shares during the period. Bare Financial Services Inc increased its stake in shares of Vanguard Russell 1000 Growth ETF by 7.9% in the 4th quarter. Bare Financial Services Inc now owns 91,866 shares of the company’s stock valued at $11,185,000 after purchasing an additional 6,698 shares in the last quarter. Merit Financial Group LLC raised its holdings in Vanguard Russell 1000 Growth ETF by 64.7% in the 4th quarter. Merit Financial Group LLC now owns 159,448 shares of the company’s stock worth $19,413,000 after purchasing an additional 62,623 shares during the period. Summit Financial Strategies Inc. purchased a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter worth approximately $9,256,000. Finally, Accretive Wealth Partners LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 14.5% in the fourth quarter. Accretive Wealth Partners LLC now owns 42,028 shares of the company’s stock valued at $5,117,000 after purchasing an additional 5,320 shares during the period.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of NASDAQ:VONG opened at $127.83 on Tuesday. 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 market capitalization of $44.89 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. The business’s 50 day moving average price is $125.25 and its 200-day moving average price is $121.20.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a $0.1592 dividend. This represents a $0.64 annualized dividend and a dividend yield of 0.5%. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date 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.