GeoWealth Management LLC Purchases 2,411 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

GeoWealth Management LLC raised its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 22.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,149 shares of the company’s stock after buying an additional 2,411 shares during the quarter. GeoWealth Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,358,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Lokken Investment Group LLC raised its stake in shares of Vanguard Russell 1000 Growth ETF by 1.8% in the fourth quarter. Lokken Investment Group LLC now owns 5,420 shares of the company’s stock valued at $560,000 after acquiring an additional 96 shares during the period. Axxcess Wealth Management LLC raised its position in Vanguard Russell 1000 Growth ETF by 4.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 2,204 shares of the company’s stock worth $228,000 after purchasing an additional 99 shares during the period. Black Point Wealth Management lifted its stake in Vanguard Russell 1000 Growth ETF by 1.0% in the fourth quarter. Black Point Wealth Management now owns 12,191 shares of the company’s stock worth $1,259,000 after purchasing an additional 126 shares during the last quarter. United Capital Financial Advisors LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF by 4.3% during the fourth quarter. United Capital Financial Advisors LLC now owns 3,298 shares of the company’s stock valued at $341,000 after buying an additional 136 shares during the period. Finally, Prepared Retirement Institute LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF by 6.0% during the fourth quarter. Prepared Retirement Institute LLC now owns 2,754 shares of the company’s stock valued at $284,000 after buying an additional 156 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ VONG opened at $87.90 on Friday. The business’s 50 day moving average price is $95.73 and its 200-day moving average price is $100.18. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $79.40 and a fifty-two week high of $107.97. The company has a market cap of $23.32 billion, a price-to-earnings ratio of 29.81 and a beta of 1.15.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.1366 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.55 annualized dividend and a dividend yield of 0.62%.

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.