Financial Counselors Inc. Buys New Shares in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Financial Counselors Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,280 shares of the company’s stock, valued at approximately $214,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of VONG. Deane Retirement Strategies Inc. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter worth approximately $26,000. Rothschild Investment LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF in the second quarter valued at approximately $31,000. YHB Investment Advisors Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter worth approximately $35,000. Stuart Chaussee & Associates Inc. bought a new stake in Vanguard Russell 1000 Growth ETF during the 1st quarter worth approximately $35,000. Finally, Mather Group LLC. acquired a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at $35,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG opened at $91.08 on Friday. The stock has a fifty day moving average price of $93.10 and a two-hundred day moving average price of $89.20. The company has a market cap of $20.37 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 52-week low of $65.85 and a 52-week high of $98.46.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were given a dividend of $0.141 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.56 annualized dividend and a yield of 0.62%.

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.