Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Shares Bought by Baltimore Washington Financial Advisors Inc.

Baltimore Washington Financial Advisors Inc. grew its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 2.9% in the third quarter, Holdings Channel.com reports. The fund owned 474,160 shares of the company’s stock after purchasing an additional 13,531 shares during the period. Vanguard Russell 1000 Growth ETF makes up about 2.5% of Baltimore Washington Financial Advisors Inc.’s holdings, making the stock its 9th largest holding. Baltimore Washington Financial Advisors Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $45,766,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Abound Wealth Management purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth approximately $27,000. Rothschild Investment LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth approximately $31,000. Mather Group LLC. purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth approximately $35,000. Eastern Bank purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $35,000. Finally, Adirondack Trust Co. purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth approximately $43,000.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of VONG opened at $101.44 on Friday. The firm has a 50 day simple moving average of $98.17 and a 200-day simple moving average of $94.03. Vanguard Russell 1000 Growth ETF has a 1-year low of $73.93 and a 1-year high of $103.15. The stock has a market cap of $23.64 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 disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.139 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.55%.

Vanguard Russell 1000 Growth ETF Company 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.