Base Wealth Management LLC Buys 4,658 Shares of Vanguard Russell 1000 Growth ETF $VONG

Base Wealth Management LLC increased its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,817 shares of the company’s stock after buying an additional 4,658 shares during the period. Vanguard Russell 1000 Growth ETF accounts for approximately 5.9% of Base Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding. Base Wealth Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $10,935,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 1.7% during the second quarter. Bank of America Corp DE now owns 36,407,608 shares of the company’s stock valued at $3,975,711,000 after acquiring an additional 617,701 shares in the last quarter. Raymond James Financial Inc. grew its position in Vanguard Russell 1000 Growth ETF by 16.8% in the 2nd quarter. Raymond James Financial Inc. now owns 3,705,989 shares of the company’s stock valued at $404,694,000 after purchasing an additional 534,216 shares during the period. Captrust Financial Advisors increased its stake in Vanguard Russell 1000 Growth ETF by 150.2% during the 2nd quarter. Captrust Financial Advisors now owns 583,763 shares of the company’s stock valued at $63,747,000 after purchasing an additional 350,429 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Vanguard Russell 1000 Growth ETF by 8.6% during the third quarter. Ameriprise Financial Inc. now owns 4,031,762 shares of the company’s stock worth $485,265,000 after buying an additional 320,907 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 66.9% in the third quarter. JPMorgan Chase & Co. now owns 791,125 shares of the company’s stock valued at $95,331,000 after buying an additional 317,178 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of NASDAQ VONG opened at $110.68 on Monday. The company has a 50-day moving average price of $115.12 and a 200-day moving average price of $119.34. The stock has a market capitalization of $36.99 billion, a P/E ratio of 33.25 and a beta of 1.12. Vanguard Russell 1000 Growth ETF has a 1 year low of $79.39 and a 1 year high of $126.83.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a dividend of $0.1418 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a yield of 0.5%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.