International Assets Investment Management LLC Invests $3.17 Million in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

International Assets Investment Management LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 4th quarter, Holdings Channel.com reports. The fund purchased 40,570 shares of the company’s stock, valued at approximately $3,165,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VONG. Kayne Anderson Rudnick Investment Management LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the third quarter valued at approximately $30,000. MCF Advisors LLC purchased a new position in Vanguard Russell 1000 Growth ETF during the 3rd quarter valued at $32,000. Blue Trust Inc. grew its position in Vanguard Russell 1000 Growth ETF by 1,990.0% in the 4th quarter. Blue Trust Inc. now owns 418 shares of the company’s stock valued at $33,000 after acquiring an additional 398 shares during the last quarter. Deutsche Bank AG purchased a new stake in Vanguard Russell 1000 Growth ETF in the third quarter worth $36,000. Finally, AlphaCore Capital LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the third quarter worth $40,000.

Vanguard Russell 1000 Growth ETF Price Performance

VONG stock opened at $83.36 on Thursday. The company has a market capitalization of $18.53 billion, a PE ratio of 37.21 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 12 month low of $61.54 and a 12 month high of $87.75. The firm’s 50-day moving average is $85.38 and its 200 day moving average is $78.58.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were issued a $0.155 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.74%.

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.