Sovereign Financial Group Inc. Increases Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Sovereign Financial Group Inc. raised its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 27.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,004 shares of the company’s stock after acquiring an additional 1,287 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. VitalStone Financial LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 103.7% during the fourth quarter. VitalStone Financial LLC now owns 872 shares of the company’s stock valued at $68,000 after purchasing an additional 444 shares during the period. Continuum Advisory LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 14.0% during the fourth quarter. Continuum Advisory LLC now owns 33,475 shares of the company’s stock valued at $2,612,000 after purchasing an additional 4,117 shares in the last quarter. Freedom Investment Management Inc. boosted its position in shares of Vanguard Russell 1000 Growth ETF by 11.8% in the fourth quarter. Freedom Investment Management Inc. now owns 38,449 shares of the company’s stock worth $3,000,000 after purchasing an additional 4,067 shares during the period. Wellington Wealth Strategies LLC. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter worth $307,000. Finally, Polen Capital Management LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $2,595,000.

Vanguard Russell 1000 Growth ETF Stock Up 1.6 %

NASDAQ VONG opened at $96.95 on Wednesday. Vanguard Russell 1000 Growth ETF has a twelve month low of $65.85 and a twelve month high of $98.46. The firm has a market cap of $22.59 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The business has a 50-day moving average price of $93.06 and a 200-day moving average price of $90.79.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.139 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.56 annualized dividend and a yield of 0.57%.

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.