Mount Yale Investment Advisors LLC Buys Shares of 7,025 Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Mount Yale Investment Advisors LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 7,025 shares of the company’s stock, valued at approximately $726,000.

A number of other hedge funds and other institutional investors have also modified their holdings of VONG. LPL Financial LLC raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 10.3% in the 3rd quarter. LPL Financial LLC now owns 5,172,862 shares of the company’s stock worth $499,285,000 after purchasing an additional 481,895 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Vanguard Russell 1000 Growth ETF by 0.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,054,868 shares of the company’s stock valued at $198,336,000 after acquiring an additional 16,377 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth $180,769,000. HighTower Advisors LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 1.0% in the 3rd quarter. HighTower Advisors LLC now owns 1,442,212 shares of the company’s stock worth $139,179,000 after acquiring an additional 13,670 shares during the last quarter. Finally, Wealthquest Corp raised its position in shares of Vanguard Russell 1000 Growth ETF by 0.5% during the fourth quarter. Wealthquest Corp now owns 1,274,203 shares of the company’s stock worth $131,625,000 after purchasing an additional 5,815 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Up 2.2 %

NASDAQ:VONG opened at $106.12 on Wednesday. The stock has a fifty day simple moving average of $104.55 and a 200 day simple moving average of $98.42. The firm has a market capitalization of $25.74 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 1-year low of $79.90 and a 1-year high of $107.96.

Vanguard Russell 1000 Growth ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were given a $0.1378 dividend. The ex-dividend date was Monday, December 23rd.

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.