Cambridge Investment Research Advisors Inc. Increases Stock Position in Vanguard Russell 1000 Growth ETF $VONG

Cambridge Investment Research Advisors Inc. boosted its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 7.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 229,063 shares of the company’s stock after acquiring an additional 14,913 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $27,888,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VONG. Investment Research & Advisory Group Inc. purchased a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter worth about $25,000. WPG Advisers LLC purchased a new position in Vanguard Russell 1000 Growth ETF during the third quarter worth about $31,000. Founders Financial Alliance LLC purchased a new position in Vanguard Russell 1000 Growth ETF during the third quarter worth about $32,000. West Paces Advisors Inc. purchased a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter worth about $42,000. Finally, Golden State Wealth Management LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 244.2% during the third quarter. Golden State Wealth Management LLC now owns 358 shares of the company’s stock worth $43,000 after buying an additional 254 shares during the period.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of VONG stock opened at $127.77 on Tuesday. The firm has a market cap of $43.58 billion, a PE ratio of 33.25 and a beta of 1.16. The company has a 50-day moving average of $117.77 and a two-hundred day moving average of $119.55. Vanguard Russell 1000 Growth ETF has a 1-year low of $99.91 and a 1-year high of $129.73.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were paid a dividend of $0.1418 per share. This represents a $0.57 annualized dividend and a yield of 0.4%. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Tuesday, March 24th.

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.