Kinetic Wealth Investment Advisors LLC Invests $52.36 Million in Vanguard Russell 1000 Growth ETF $VONG

Kinetic Wealth Investment Advisors LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 2nd quarter, Holdings Channel reports. The fund acquired 409,654 shares of the company’s stock, valued at approximately $52,358,000. Vanguard Russell 1000 Growth ETF accounts for 24.6% of Kinetic Wealth Investment Advisors LLC’s portfolio, making the stock its largest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Glen Eagle Advisors LLC bought a new position in Vanguard Russell 1000 Growth ETF in the 4th quarter worth $25,000. Triumph Capital Management raised its holdings in Vanguard Russell 1000 Growth ETF by 208.6% during the fourth quarter. Triumph Capital Management now owns 216 shares of the company’s stock valued at $26,000 after acquiring an additional 146 shares during the period. Strive Financial Group LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the second quarter valued at about $30,000. Quadrant Capital Group LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $32,000. Finally, Harbor Investment Advisory LLC lifted its position in shares of Vanguard Russell 1000 Growth ETF by 334.4% in the first quarter. Harbor Investment Advisory LLC now owns 278 shares of the company’s stock valued at $30,000 after acquiring an additional 214 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ VONG opened at $127.05 on Tuesday. Vanguard Russell 1000 Growth ETF has a twelve month low of $105.22 and a twelve month high of $132.94. The business has a 50-day moving average price of $125.52 and a 200-day moving average price of $122.37. The firm has a market cap of $44.61 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16.

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.