Hutchens & Kramer Investment Management Group LLC Purchases Shares of 5,510 Vanguard Russell 1000 Growth ETF $VONG

Hutchens & Kramer Investment Management Group LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,510 shares of the company’s stock, valued at approximately $596,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in Vanguard Russell 1000 Growth ETF by 19.5% during the first quarter. LPL Financial LLC now owns 6,602,552 shares of the company’s stock worth $612,651,000 after acquiring an additional 1,077,100 shares during the last quarter. TIAA Trust National Association increased its stake in Vanguard Russell 1000 Growth ETF by 3.1% during the second quarter. TIAA Trust National Association now owns 4,788,802 shares of the company’s stock worth $522,937,000 after acquiring an additional 146,126 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Russell 1000 Growth ETF by 10.0% during the second quarter. Envestnet Asset Management Inc. now owns 3,987,038 shares of the company’s stock worth $435,385,000 after acquiring an additional 362,498 shares during the last quarter. Citigroup Inc. increased its stake in Vanguard Russell 1000 Growth ETF by 3.3% during the first quarter. Citigroup Inc. now owns 3,675,208 shares of the company’s stock worth $341,023,000 after acquiring an additional 117,686 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its stake in Vanguard Russell 1000 Growth ETF by 1.1% during the second quarter. Sequoia Financial Advisors LLC now owns 3,283,557 shares of the company’s stock worth $358,564,000 after acquiring an additional 36,007 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of NASDAQ:VONG opened at $124.91 on Monday. The firm has a market capitalization of $33.79 billion, a PE ratio of 33.25 and a beta of 1.12. The business has a 50-day moving average of $119.58 and a two-hundred day moving average of $110.50. Vanguard Russell 1000 Growth ETF has a 12 month low of $79.39 and a 12 month 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. Stockholders of record on Wednesday, September 24th were paid a $0.1419 dividend. 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 was Wednesday, September 24th.

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.