REDW Wealth LLC Has $2.34 Million Position in Vanguard Russell 1000 Growth ETF $VONG

REDW Wealth LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 36.9% in the fourth quarter, Holdings Channel reports. The firm owned 19,223 shares of the company’s stock after acquiring an additional 5,178 shares during the period. Vanguard Russell 1000 Growth ETF comprises about 0.9% of REDW Wealth LLC’s holdings, making the stock its 25th biggest position. REDW Wealth LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,340,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VONG. Amundi bought a new position in shares of Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $488,000. AQR Capital Management LLC boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 9.1% during the 1st quarter. AQR Capital Management LLC now owns 37,849 shares of the company’s stock worth $3,512,000 after buying an additional 3,154 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 17.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 473,073 shares of the company’s stock worth $43,896,000 after buying an additional 69,346 shares during the period. Russell Investments Group Ltd. grew its stake in Vanguard Russell 1000 Growth ETF by 13.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,489 shares of the company’s stock valued at $272,000 after buying an additional 287 shares during the last quarter. Finally, Invesco Ltd. acquired a new position in Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at $475,000.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of VONG opened at $121.69 on Friday. The company has a market capitalization of $41.50 billion, a PE ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a one year low of $90.17 and a one year high of $126.83. The company’s fifty day moving average price is $114.91 and its 200 day moving average price is $119.13.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were given a $0.1418 dividend. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 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.