Foundations Investment Advisors LLC Increases Holdings in Vanguard Russell 1000 Growth ETF $VONG

Foundations Investment Advisors LLC lifted its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 86.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,607 shares of the company’s stock after purchasing an additional 2,130 shares during the period. Foundations Investment Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $503,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. LPL Financial LLC raised its position in Vanguard Russell 1000 Growth ETF by 19.5% in the first quarter. LPL Financial LLC now owns 6,602,552 shares of the company’s stock worth $612,651,000 after acquiring an additional 1,077,100 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Vanguard Russell 1000 Growth ETF by 1,317.6% during the 1st quarter. Jones Financial Companies Lllp now owns 600,596 shares of the company’s stock worth $55,681,000 after purchasing an additional 558,228 shares during the last quarter. SCS Capital Management LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter worth approximately $44,778,000. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 10.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,987,038 shares of the company’s stock worth $435,385,000 after purchasing an additional 362,498 shares during the period. Finally, Cynosure Group LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $23,093,000.

Vanguard Russell 1000 Growth ETF Trading Down 1.3%

Shares of NASDAQ VONG opened at $118.55 on Wednesday. The stock has a fifty day simple moving average of $121.27 and a two-hundred day simple moving average of $113.09. Vanguard Russell 1000 Growth ETF has a 1-year low of $79.39 and a 1-year high of $126.83. The firm has a market cap of $32.07 billion, a price-to-earnings ratio of 33.25 and a beta of 1.12.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Wednesday, September 24th were issued a $0.1419 dividend. This is an increase 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 annualized dividend and a yield of 0.5%.

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.