Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Reaches New 1-Year High – What’s Next?

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $122.90 and last traded at $122.90, with a volume of 64248 shares traded. The stock had previously closed at $121.64.

Vanguard Russell 1000 Growth ETF Trading Up 0.9%

The firm has a market cap of $33.20 billion, a P/E ratio of 33.25 and a beta of 1.08. The business’s fifty day simple moving average is $118.45 and its 200-day simple moving average is $109.01.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were issued a $0.1419 dividend. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a $0.57 dividend on an annualized basis and a yield of 0.5%.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

Large investors have recently added to or reduced their stakes in the company. Advantage Trust Co bought a new stake in Vanguard Russell 1000 Growth ETF in the 2nd quarter worth $29,000. Greykasell Wealth Strategies Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter valued at about $35,000. Mather Group LLC. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter valued at about $37,000. ORG Wealth Partners LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 1,671.4% during the 2nd quarter. ORG Wealth Partners LLC now owns 372 shares of the company’s stock valued at $40,000 after purchasing an additional 351 shares in the last quarter. Finally, Angeles Wealth Management LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at about $42,000.

Vanguard Russell 1000 Growth ETF Company 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.