Fulton Bank N.A. Purchases New Shares in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Fulton Bank N.A. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,450 shares of the company’s stock, valued at approximately $230,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of VONG. Deane Retirement Strategies Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $26,000. Blue Trust Inc. raised its holdings in Vanguard Russell 1000 Growth ETF by 1,990.0% during the 4th quarter. Blue Trust Inc. now owns 418 shares of the company’s stock valued at $33,000 after buying an additional 398 shares during the period. YHB Investment Advisors Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $35,000. Stuart Chaussee & Associates Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $35,000. Finally, Mather Group LLC. purchased a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at $35,000.

Vanguard Russell 1000 Growth ETF Stock Performance

VONG stock traded up $1.01 during midday trading on Tuesday, reaching $86.49. The company’s stock had a trading volume of 1,041,154 shares, compared to its average volume of 853,729. The stock has a fifty day simple moving average of $92.92 and a two-hundred day simple moving average of $87.75. Vanguard Russell 1000 Growth ETF has a 1 year low of $65.85 and a 1 year high of $98.46. The firm has a market capitalization of $19.34 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were paid a $0.141 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.56 dividend on an annualized basis and a yield of 0.65%.

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.