Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Shares Purchased by Steele Capital Management Inc.

Steele Capital Management Inc. raised its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 4.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 267,437 shares of the company’s stock after purchasing an additional 10,607 shares during the period. Vanguard Russell 1000 Growth ETF comprises approximately 1.3% of Steele Capital Management Inc.’s portfolio, making the stock its 19th biggest holding. Steele Capital Management Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $23,179,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in VONG. Comerica Bank acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the third quarter worth $55,071,000. Ameriprise Financial Inc. lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 21.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,977,796 shares of the company’s stock worth $203,871,000 after purchasing an additional 517,435 shares during the period. First National Trust Co lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 8,072.2% during the 4th quarter. First National Trust Co now owns 337,103 shares of the company’s stock worth $26,301,000 after purchasing an additional 332,978 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of Vanguard Russell 1000 Growth ETF by 7.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 3,290,989 shares of the company’s stock worth $256,763,000 after buying an additional 215,713 shares during the period. Finally, Edge Capital Group LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth $14,848,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG traded up $0.86 during trading hours on Monday, hitting $94.67. The stock had a trading volume of 940,788 shares, compared to its average volume of 861,336. The firm has a market cap of $21.04 billion, a P/E ratio of 36.74 and a beta of 1.08. The company’s fifty day simple moving average is $89.14 and its 200 day simple moving average is $84.92. Vanguard Russell 1000 Growth ETF has a 12-month low of $65.85 and a 12-month high of $95.30.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Thursday, June 27th will be given a $0.141 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend is Thursday, June 27th.

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.