Philip James Wealth Mangement LLC Acquires 1,225 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Philip James Wealth Mangement LLC boosted its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 2.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,174 shares of the company’s stock after buying an additional 1,225 shares during the quarter. Philip James Wealth Mangement LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $6,001,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VONG. Abound Wealth Management bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the second quarter worth $27,000. Rothschild Investment LLC bought a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter worth $31,000. Stuart Chaussee & Associates Inc. acquired a new position in Vanguard Russell 1000 Growth ETF in the 1st quarter worth about $35,000. Mather Group LLC. bought a new position in Vanguard Russell 1000 Growth ETF in the second quarter valued at about $35,000. Finally, Eastern Bank acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the third quarter valued at about $35,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ:VONG traded up $0.19 during midday trading on Friday, hitting $102.39. 76,328 shares of the stock were exchanged, compared to its average volume of 810,049. The business’s 50-day moving average price is $96.09 and its 200 day moving average price is $92.68. The stock has a market capitalization of $23.86 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 12 month low of $71.05 and a 12 month high of $102.46.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.139 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date was Thursday, September 26th.

About Vanguard Russell 1000 Growth ETF

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.