Envestnet Asset Management Inc. Boosts Stock Position in Vanguard Russell 1000 Growth ETF $VONG

Envestnet Asset Management Inc. grew its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 10.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,987,038 shares of the company’s stock after buying an additional 362,498 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $435,385,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VONG. Oppenheimer & Co. Inc. increased its position in shares of Vanguard Russell 1000 Growth ETF by 73.5% in the first quarter. Oppenheimer & Co. Inc. now owns 6,906 shares of the company’s stock valued at $641,000 after buying an additional 2,926 shares in the last quarter. Spire Wealth Management increased its position in shares of Vanguard Russell 1000 Growth ETF by 337.9% in the first quarter. Spire Wealth Management now owns 2,080 shares of the company’s stock valued at $193,000 after buying an additional 1,605 shares in the last quarter. Bessemer Group Inc. increased its position in shares of Vanguard Russell 1000 Growth ETF by 39.5% in the first quarter. Bessemer Group Inc. now owns 12,368 shares of the company’s stock valued at $1,147,000 after buying an additional 3,500 shares in the last quarter. Transcend Capital Advisors LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $919,000. Finally, Bartlett & CO. Wealth Management LLC increased its position in shares of Vanguard Russell 1000 Growth ETF by 26.0% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 2,270 shares of the company’s stock valued at $211,000 after buying an additional 469 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of NASDAQ:VONG opened at $122.72 on Monday. Vanguard Russell 1000 Growth ETF has a 1 year low of $79.39 and a 1 year high of $123.09. The firm has a market capitalization of $33.20 billion, a PE ratio of 33.25 and a beta of 1.08. The business’s 50 day moving average price is $118.45 and its 200-day moving average price is $109.12.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Wednesday, September 24th were given a dividend of $0.1419 per share. The ex-dividend date was Wednesday, September 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13. This represents a $0.57 annualized dividend 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.