2,352 Shares in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Acquired by GM Advisory Group LLC

GM Advisory Group LLC acquired a new position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,352 shares of the company’s stock, valued at approximately $221,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in VONG. Accretive Wealth Partners LLC boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 46.4% in the fourth quarter. Accretive Wealth Partners LLC now owns 6,610 shares of the company’s stock worth $516,000 after buying an additional 2,096 shares during the last quarter. Principal Securities Inc. purchased a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $44,000. Cambridge Investment Research Advisors Inc. lifted its holdings in Vanguard Russell 1000 Growth ETF by 43.7% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 124,898 shares of the company’s stock valued at $9,745,000 after purchasing an additional 37,976 shares in the last quarter. Commerce Bank lifted its holdings in Vanguard Russell 1000 Growth ETF by 21.4% during the fourth quarter. Commerce Bank now owns 285,831 shares of the company’s stock valued at $22,301,000 after purchasing an additional 50,380 shares in the last quarter. Finally, Advisory Services Network LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 85.2% during the fourth quarter. Advisory Services Network LLC now owns 22,946 shares of the company’s stock valued at $1,790,000 after purchasing an additional 10,556 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of NASDAQ:VONG opened at $95.89 on Friday. Vanguard Russell 1000 Growth ETF has a 1-year low of $65.85 and a 1-year high of $98.46. The company has a market capitalization of $21.45 billion, a P/E ratio of 36.74 and a beta of 1.08. The firm’s 50 day simple moving average is $92.35 and its two-hundred day simple moving average is $89.86.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were issued a dividend of $0.141 per share. This represents a $0.56 annualized dividend and a yield of 0.59%. The ex-dividend date was Thursday, June 27th.

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.