Keystone Financial Group Invests $746,000 in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Keystone Financial Group acquired a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,225 shares of the company’s stock, valued at approximately $746,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC raised its position in shares of Vanguard Russell 1000 Growth ETF by 3,291.7% in the fourth quarter. Sound Income Strategies LLC now owns 407 shares of the company’s stock valued at $42,000 after buying an additional 395 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in Vanguard Russell 1000 Growth ETF during the 4th quarter valued at about $42,000. Eagle Bay Advisors LLC raised its holdings in Vanguard Russell 1000 Growth ETF by 140.7% in the 4th quarter. Eagle Bay Advisors LLC now owns 568 shares of the company’s stock valued at $59,000 after acquiring an additional 332 shares during the last quarter. Providence First Trust Co purchased a new position in Vanguard Russell 1000 Growth ETF in the 4th quarter worth approximately $62,000. Finally, WASHINGTON TRUST Co boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 222.5% during the 4th quarter. WASHINGTON TRUST Co now owns 645 shares of the company’s stock worth $67,000 after purchasing an additional 445 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ:VONG opened at $90.15 on Monday. Vanguard Russell 1000 Growth ETF has a one year low of $79.40 and a one year high of $107.97. The stock has a market cap of $23.66 billion, a PE ratio of 31.13 and a beta of 1.08. The stock has a 50 day moving average price of $97.41 and a 200 day moving average price of $100.48.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued 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 0.61%.

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.