Bare Financial Services Inc Raises Stake in Vanguard Russell 1000 Growth ETF $VONG

Bare Financial Services Inc boosted its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 19.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,946 shares of the company’s stock after purchasing an additional 13,352 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up 3.0% of Bare Financial Services Inc’s investment portfolio, making the stock its 13th largest position. Bare Financial Services Inc’s holdings in Vanguard Russell 1000 Growth ETF were worth $8,839,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. TIAA Trust National Association boosted its position in shares of Vanguard Russell 1000 Growth ETF by 3.1% in the second quarter. TIAA Trust National Association now owns 4,788,802 shares of the company’s stock valued at $522,937,000 after acquiring an additional 146,126 shares during the period. Envestnet Asset Management Inc. lifted its stake in Vanguard Russell 1000 Growth ETF by 10.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,987,038 shares of the company’s stock worth $435,385,000 after purchasing an additional 362,498 shares in the last quarter. Citigroup Inc. boosted its holdings in Vanguard Russell 1000 Growth ETF by 3.3% in the 1st quarter. Citigroup Inc. now owns 3,675,208 shares of the company’s stock valued at $341,023,000 after purchasing an additional 117,686 shares during the period. Sequoia Financial Advisors LLC grew its position in shares of Vanguard Russell 1000 Growth ETF by 1.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,283,557 shares of the company’s stock valued at $358,564,000 after purchasing an additional 36,007 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 6.7% in the first quarter. Raymond James Financial Inc. now owns 3,171,773 shares of the company’s stock worth $294,309,000 after purchasing an additional 198,869 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ:VONG opened at $122.75 on Monday. Vanguard Russell 1000 Growth ETF has a 52-week low of $79.39 and a 52-week high of $126.83. The stock has a fifty day moving average of $121.49 and a 200 day moving average of $114.33. The firm has a market capitalization of $33.21 billion, a price-to-earnings ratio of 33.25 and a beta of 1.12.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Wednesday, September 24th were issued a dividend of $0.1419 per share. 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 annualized dividend and a dividend yield of 0.5%.

Vanguard Russell 1000 Growth ETF 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.