Pinnacle Associates Ltd. Invests $292,000 in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Pinnacle Associates Ltd. bought a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONGFree Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 3,740 shares of the company’s stock, valued at approximately $292,000.

A number of other institutional investors have also modified their holdings of VONG. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 23.8% during the 1st quarter. JPMorgan Chase & Co. now owns 101,172 shares of the company’s stock worth $7,219,000 after purchasing an additional 19,421 shares during the period. Blair William & Co. IL boosted its holdings in Vanguard Russell 1000 Growth ETF by 11.6% in the 1st quarter. Blair William & Co. IL now owns 72,701 shares of the company’s stock worth $5,188,000 after acquiring an additional 7,584 shares during the period. Cetera Investment Advisers boosted its holdings in Vanguard Russell 1000 Growth ETF by 17.3% in the 1st quarter. Cetera Investment Advisers now owns 15,698 shares of the company’s stock worth $1,120,000 after acquiring an additional 2,311 shares during the period. Moors & Cabot Inc. purchased a new position in Vanguard Russell 1000 Growth ETF in the 1st quarter worth approximately $207,000. Finally, NewEdge Advisors LLC boosted its holdings in Vanguard Russell 1000 Growth ETF by 1.6% in the 1st quarter. NewEdge Advisors LLC now owns 50,910 shares of the company’s stock worth $3,633,000 after acquiring an additional 801 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Up 0.2 %

NASDAQ VONG opened at $86.15 on Thursday. The stock has a market cap of $19.16 billion, a PE ratio of 27.00 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $61.54 and a fifty-two week high of $87.75. The business has a 50 day moving average price of $84.69 and a two-hundred day moving average price of $77.45.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 22nd were issued a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date was Thursday, March 21st.

Vanguard Russell 1000 Growth ETF Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding VONG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Russell 1000 Growth ETF (NASDAQ:VONGFree Report).

Institutional Ownership by Quarter for Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Receive News & Ratings for Vanguard Russell 1000 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Russell 1000 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.