Oppenheimer & Co. Inc. Buys 5,474 Shares of Vanguard Russell 1000 Growth ETF $VONG

Oppenheimer & Co. Inc. raised its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 27.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 25,107 shares of the company’s stock after acquiring an additional 5,474 shares during the period. Oppenheimer & Co. Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $3,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the stock. Asset Management One Co. Ltd. boosted its holdings in Vanguard Russell 1000 Growth ETF by 19.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 526 shares of the company’s stock valued at $65,000 after purchasing an additional 84 shares during the period. Fulton Bank N.A. raised its stake in shares of Vanguard Russell 1000 Growth ETF by 0.6% in the 3rd quarter. Fulton Bank N.A. now owns 13,717 shares of the company’s stock valued at $1,653,000 after buying an additional 88 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Vanguard Russell 1000 Growth ETF by 2.9% in the 3rd quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock valued at $427,000 after buying an additional 100 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of Vanguard Russell 1000 Growth ETF by 16.0% in the 3rd quarter. Larson Financial Group LLC now owns 763 shares of the company’s stock valued at $92,000 after buying an additional 105 shares in the last quarter. Finally, Trust Point Inc. raised its stake in shares of Vanguard Russell 1000 Growth ETF by 2.4% in the 4th quarter. Trust Point Inc. now owns 4,861 shares of the company’s stock valued at $592,000 after buying an additional 113 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG stock opened at $123.55 on Monday. Vanguard Russell 1000 Growth ETF has a 52-week low of $94.63 and a 52-week high of $126.83. The stock has a market cap of $42.14 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. The firm has a fifty day moving average of $115.63 and a 200-day moving average of $119.19.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.