Farther Finance Advisors LLC Raises Position in Vanguard Russell 1000 Growth ETF $VONG

Farther Finance Advisors LLC lifted its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 10.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,585 shares of the company’s stock after purchasing an additional 4,494 shares during the period. Farther Finance Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $5,550,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of VONG. Investment Research & Advisory Group Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $25,000. WPG Advisers LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $31,000. Founders Financial Alliance LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $32,000. West Paces Advisors Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $42,000. Finally, Golden State Wealth Management LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 244.2% during the 3rd quarter. Golden State Wealth Management LLC now owns 358 shares of the company’s stock worth $43,000 after purchasing an additional 254 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Up 0.1%

Shares of VONG stock opened at $120.77 on Friday. The company has a 50 day moving average of $114.44 and a 200-day moving average of $119.09. The firm has a market cap of $41.19 billion, a P/E ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 12-month low of $84.50 and a 12-month high of $126.83.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.