Gateway Wealth Partners LLC Invests $766,000 in Vanguard Russell 1000 Growth ETF $VONG

Gateway Wealth Partners LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the first quarter, according to the company in its most recent filing with the SEC. The firm bought 6,980 shares of the company’s stock, valued at approximately $766,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. grew its position in Vanguard Russell 1000 Growth ETF by 19.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 526 shares of the company’s stock worth $65,000 after acquiring an additional 84 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 3.6% during the 1st quarter. Wealthfront Advisers LLC now owns 2,587 shares of the company’s stock valued at $284,000 after purchasing an additional 89 shares in the last quarter. Cedar Point Capital Partners LLC raised its position in Vanguard Russell 1000 Growth ETF by 3.5% in the 4th quarter. Cedar Point Capital Partners LLC now owns 2,811 shares of the company’s stock valued at $342,000 after purchasing an additional 96 shares during the last quarter. Evolution Wealth Management Inc. raised its position in Vanguard Russell 1000 Growth ETF by 11.0% in the 1st quarter. Evolution Wealth Management Inc. now owns 976 shares of the company’s stock valued at $107,000 after purchasing an additional 97 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in Vanguard Russell 1000 Growth ETF by 2.9% in the third quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock worth $427,000 after purchasing an additional 100 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG stock opened at $117.42 on Thursday. Vanguard Russell 1000 Growth ETF has a 52 week low of $105.22 and a 52 week high of $132.94. The stock has a market capitalization of $41.23 billion, a PE ratio of 33.25 and a beta of 1.16. The stock’s fifty day moving average is $125.91 and its 200-day moving average is $120.95.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were given a $0.1592 dividend. This represents a $0.64 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, June 18th. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.