Pacific Capital Wealth Advisors Inc. Makes New $1.26 Million Investment in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Pacific Capital Wealth Advisors Inc. purchased a new position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the first quarter, Holdings Channel reports. The institutional investor purchased 13,610 shares of the company’s stock, valued at approximately $1,263,000.

Several other institutional investors and hedge funds have also bought and sold shares of VONG. Legacy Investment Solutions LLC purchased a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter worth about $42,000. Investment Counsel Co. of Nevada bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth $51,000. Copia Wealth Management grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 3,212.5% in the first quarter. Copia Wealth Management now owns 530 shares of the company’s stock worth $49,000 after purchasing an additional 514 shares during the last quarter. Providence First Trust Co bought a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter valued at about $62,000. Finally, Measured Risk Portfolios Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter valued at about $64,000.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ:VONG opened at $105.63 on Tuesday. The company’s 50-day simple moving average is $97.96 and its 200 day simple moving average is $100.32. The firm has a market capitalization of $27.72 billion, a P/E ratio of 32.77 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a one year low of $79.40 and a one year high of $107.97.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a $0.1366 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $0.55 dividend on an annualized basis and a yield of 0.52%.

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.