Acorn Financial Advisory Services Inc. ADV Purchases Shares of 1,991 Vanguard Russell 1000 Growth ETF $VONG

Acorn Financial Advisory Services Inc. ADV purchased a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 1,991 shares of the company’s stock, valued at approximately $217,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Proathlete Wealth Management LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the 1st quarter valued at approximately $35,000. Greykasell Wealth Strategies Inc. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at $35,000. Mather Group LLC. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at $37,000. ORG Wealth Partners LLC raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 1,671.4% in the 2nd quarter. ORG Wealth Partners LLC now owns 372 shares of the company’s stock valued at $40,000 after purchasing an additional 351 shares in the last quarter. Finally, Montag A & Associates Inc. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at $47,000.

Vanguard Russell 1000 Growth ETF Trading Down 0.8%

Shares of VONG opened at $119.62 on Wednesday. Vanguard Russell 1000 Growth ETF has a twelve month low of $79.39 and a twelve month high of $122.66. The firm’s fifty day simple moving average is $117.49 and its 200-day simple moving average is $107.16. The firm has a market capitalization of $32.36 billion, a price-to-earnings ratio of 33.25 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.