IFS Group LLC Invests $1.06 Million in Vanguard Russell 1000 Growth ETF $VONG

IFS Group LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 1st quarter, according to its most recent filing with the SEC. The firm bought 9,656 shares of the company’s stock, valued at approximately $1,059,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VONG. Bank of America Corp DE raised its stake in shares of Vanguard Russell 1000 Growth ETF by 51.7% during the fourth quarter. Bank of America Corp DE now owns 51,255,902 shares of the company’s stock valued at $6,240,406,000 after purchasing an additional 17,473,802 shares during the period. LPL Financial LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 6.4% in the fourth quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock valued at $995,208,000 after purchasing an additional 494,747 shares during the period. Wells Fargo & Company MN grew its holdings in Vanguard Russell 1000 Growth ETF by 6.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,229,899 shares of the company’s stock valued at $514,990,000 after purchasing an additional 245,413 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Vanguard Russell 1000 Growth ETF by 7.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,710,855 shares of the company’s stock valued at $405,968,000 after purchasing an additional 251,712 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Vanguard Russell 1000 Growth ETF by 16.8% during the 2nd quarter. Raymond James Financial Inc. now owns 3,705,989 shares of the company’s stock valued at $404,694,000 after purchasing an additional 534,216 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Vanguard Russell 1000 Growth ETF stock opened at $117.42 on Thursday. Vanguard Russell 1000 Growth ETF has a 12-month low of $105.22 and a 12-month high of $132.94. The company has a market capitalization of $41.23 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. The firm’s fifty day moving average price is $125.91 and its 200 day moving average price is $120.95.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a dividend of $0.1592 per share. The ex-dividend date of this dividend was Thursday, June 18th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.5%.

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.