NewEdge Wealth LLC Makes New Investment in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

NewEdge Wealth LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,773 shares of the company’s stock, valued at approximately $216,000.

Several other large investors have also recently bought and sold shares of VONG. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter worth $30,000. MCF Advisors LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter worth $32,000. Blue Trust Inc. boosted its position in shares of 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 worth $33,000 after purchasing an additional 398 shares during the last quarter. Deutsche Bank AG bought a new position in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter worth $36,000. Finally, AlphaCore Capital LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter worth $40,000.

Vanguard Russell 1000 Growth ETF Stock Down 0.4 %

NASDAQ:VONG opened at $83.01 on Friday. Vanguard Russell 1000 Growth ETF has a 12-month low of $61.54 and a 12-month high of $87.75. The firm has a market capitalization of $18.45 billion, a P/E ratio of 37.21 and a beta of 1.08. The stock’s fifty day simple moving average is $85.36 and its 200-day simple moving average is $78.61.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were given a $0.155 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.62 annualized dividend and a dividend yield of 0.75%.

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.