Michels Family Financial LLC Acquires 903 Shares of Vanguard Russell 1000 Growth ETF $VONG

Michels Family Financial LLC lifted its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 3.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 28,896 shares of the company’s stock after acquiring an additional 903 shares during the period. Vanguard Russell 1000 Growth ETF accounts for approximately 2.7% of Michels Family Financial LLC’s investment portfolio, making the stock its 5th biggest holding. Michels Family Financial LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $3,155,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VONG. LPL Financial LLC raised its position in shares of Vanguard Russell 1000 Growth ETF by 19.5% during the 1st quarter. LPL Financial LLC now owns 6,602,552 shares of the company’s stock worth $612,651,000 after acquiring an additional 1,077,100 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in Vanguard Russell 1000 Growth ETF by 1,317.6% in the first quarter. Jones Financial Companies Lllp now owns 600,596 shares of the company’s stock valued at $55,681,000 after buying an additional 558,228 shares during the last quarter. SCS Capital Management LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $44,778,000. Cynosure Group LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $23,093,000. Finally, Tolleson Wealth Management Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the first quarter worth approximately $19,820,000.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of Vanguard Russell 1000 Growth ETF stock opened at $119.56 on Friday. The firm’s fifty day simple moving average is $115.54 and its 200-day simple moving average is $105.02. Vanguard Russell 1000 Growth ETF has a 12 month low of $79.39 and a 12 month high of $121.82. The stock has a market capitalization of $32.04 billion, a price-to-earnings ratio of 33.25 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Wednesday, September 24th were issued a $0.1419 dividend. The ex-dividend date of this dividend was Wednesday, September 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.5%.

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.