Wealth Advisory Team LLC Buys New Shares in Vanguard Russell 1000 Growth ETF $VONG

Wealth Advisory Team LLC bought a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 44,492 shares of the company’s stock, valued at approximately $4,858,000. Vanguard Russell 1000 Growth ETF comprises about 4.5% of Wealth Advisory Team LLC’s portfolio, making the stock its 9th biggest position.

A number of other institutional investors have also added to or reduced their stakes in VONG. LPL Financial LLC increased its stake in Vanguard Russell 1000 Growth ETF by 19.5% in the first quarter. LPL Financial LLC now owns 6,602,552 shares of the company’s stock valued at $612,651,000 after acquiring an additional 1,077,100 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Vanguard Russell 1000 Growth ETF by 1,317.6% in the first quarter. Jones Financial Companies Lllp now owns 600,596 shares of the company’s stock valued at $55,681,000 after acquiring an additional 558,228 shares during the last quarter. SCS Capital Management LLC bought a new position in Vanguard Russell 1000 Growth ETF in the first quarter valued at $44,778,000. Cynosure Group LLC bought a new position in Vanguard Russell 1000 Growth ETF in the first quarter valued at $23,093,000. Finally, Tolleson Wealth Management Inc. bought a new position in Vanguard Russell 1000 Growth ETF in the first quarter valued at $19,820,000.

Vanguard Russell 1000 Growth ETF Stock Down 3.2%

VONG opened at $118.20 on Friday. The stock has a market cap of $31.98 billion, a PE ratio of 33.25 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 52 week low of $79.39 and a 52 week high of $122.66. The business’s fifty day simple moving average is $117.20 and its 200 day simple moving average is $106.80.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Wednesday, September 24th were paid a dividend of $0.1419 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Wednesday, September 24th.

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.