Wealth Advisory Team LLC Takes $5.27 Million Position in Vanguard Russell 1000 Growth ETF $VONG

Wealth Advisory Team LLC acquired a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the fourth quarter, HoldingsChannel reports. The firm acquired 43,280 shares of the company’s stock, valued at approximately $5,269,000. Vanguard Russell 1000 Growth ETF makes up about 4.7% of Wealth Advisory Team LLC’s portfolio, making the stock its 9th largest holding.

Other institutional investors have also modified their holdings of the company. Investment Research & Advisory Group Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at approximately $25,000. WPG Advisers LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the third quarter valued at approximately $31,000. Founders Financial Alliance LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the third quarter valued at approximately $32,000. West Paces Advisors Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at approximately $42,000. Finally, Golden State Wealth Management LLC raised its position in shares of Vanguard Russell 1000 Growth ETF by 244.2% in the third quarter. Golden State Wealth Management LLC now owns 358 shares of the company’s stock valued at $43,000 after buying an additional 254 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ:VONG opened at $129.56 on Friday. The firm has a 50 day simple moving average of $117.32 and a 200-day simple moving average of $119.52. The firm has a market cap of $44.19 billion, a PE ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 1-year low of $99.91 and a 1-year high of $129.73.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were given a $0.1418 dividend. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, March 24th.

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.