Cherrydale Wealth Management LLC Purchases New Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Cherrydale Wealth Management LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,137 shares of the company’s stock, valued at approximately $634,000.

Several other hedge funds and other institutional investors also recently modified their holdings of VONG. LPL Financial LLC boosted its position in Vanguard Russell 1000 Growth ETF by 10.3% during the 3rd quarter. LPL Financial LLC now owns 5,172,862 shares of the company’s stock valued at $499,285,000 after purchasing an additional 481,895 shares during the period. Edge Capital Group LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 97.9% in the second quarter. Edge Capital Group LLC now owns 444,221 shares of the company’s stock valued at $41,672,000 after buying an additional 219,736 shares during the last quarter. MidWestOne Financial Group Inc. grew its position in shares of Vanguard Russell 1000 Growth ETF by 209.2% during the third quarter. MidWestOne Financial Group Inc. now owns 271,622 shares of the company’s stock worth $26,217,000 after acquiring an additional 183,789 shares during the last quarter. Mesirow Financial Investment Management Inc. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 98.0% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 336,200 shares of the company’s stock worth $32,450,000 after acquiring an additional 166,380 shares during the period. Finally, Raymond James & Associates lifted its position in Vanguard Russell 1000 Growth ETF by 15.7% in the 3rd quarter. Raymond James & Associates now owns 873,355 shares of the company’s stock valued at $84,296,000 after purchasing an additional 118,303 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Up 1.3 %

NASDAQ VONG traded up $1.34 on Friday, hitting $104.72. The stock had a trading volume of 773,425 shares, compared to its average volume of 1,387,093. The company’s 50-day moving average is $103.93 and its two-hundred day moving average is $97.95. The stock has a market cap of $25.40 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a one year low of $78.45 and a one year high of $107.96.

Vanguard Russell 1000 Growth ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.1378 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.