Royal Fund Management LLC Has $16.04 Million Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Royal Fund Management LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 108.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 165,618 shares of the company’s stock after acquiring an additional 86,044 shares during the period. Vanguard Russell 1000 Growth ETF comprises 1.0% of Royal Fund Management LLC’s holdings, making the stock its 17th largest holding. Royal Fund Management LLC owned about 0.07% of Vanguard Russell 1000 Growth ETF worth $16,041,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Deane Retirement Strategies Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the first quarter worth approximately $26,000. Abound Wealth Management acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter worth approximately $27,000. Rothschild Investment LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter worth approximately $31,000. YHB Investment Advisors Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at $35,000. Finally, Stuart Chaussee & Associates Inc. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the first quarter worth $35,000.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ VONG traded down $0.17 during mid-day trading on Wednesday, reaching $96.78. 53,165 shares of the stock were exchanged, compared to its average volume of 825,577. The stock has a market cap of $22.55 billion, a P/E ratio of 36.74 and a beta of 1.08. The stock has a 50 day simple moving average of $93.06 and a 200-day simple moving average of $90.79. Vanguard Russell 1000 Growth ETF has a one year low of $65.85 and a one year high of $98.46.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.139 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.57%. The ex-dividend date of this dividend 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.