Brookwood Investment Group LLC Invests $214,000 in Vanguard Russell 1000 Growth ETF $VONG

Brookwood Investment Group LLC acquired a new position 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 SEC. The fund acquired 1,962 shares of the company’s stock, valued at approximately $214,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of VONG. LPL Financial LLC raised its stake in shares of Vanguard Russell 1000 Growth ETF by 19.5% in the 1st quarter. LPL Financial LLC now owns 6,602,552 shares of the company’s stock worth $612,651,000 after buying an additional 1,077,100 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Vanguard Russell 1000 Growth ETF by 1,317.6% in the 1st quarter. Jones Financial Companies Lllp now owns 600,596 shares of the company’s stock worth $55,681,000 after buying an additional 558,228 shares in the last quarter. SCS Capital Management LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter worth $44,778,000. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Russell 1000 Growth ETF by 10.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,987,038 shares of the company’s stock worth $435,385,000 after buying an additional 362,498 shares in the last quarter. Finally, Cynosure Group LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter worth $23,093,000.

Vanguard Russell 1000 Growth ETF Stock Up 0.5%

Shares of NASDAQ VONG opened at $126.51 on Thursday. The stock has a market capitalization of $34.22 billion, a price-to-earnings ratio of 33.25 and a beta of 1.12. The stock’s fifty day simple moving average is $119.14 and its 200 day simple moving average is $109.87. Vanguard Russell 1000 Growth ETF has a 52-week low of $79.39 and a 52-week high of $126.83.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Investors 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 0.4%. 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 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.