Edge Capital Group LLC Buys 219,736 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Edge Capital Group LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 97.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 444,221 shares of the company’s stock after buying an additional 219,736 shares during the period. Vanguard Russell 1000 Growth ETF accounts for 2.0% of Edge Capital Group LLC’s investment portfolio, making the stock its 8th biggest position. Edge Capital Group LLC owned approximately 0.20% of Vanguard Russell 1000 Growth ETF worth $41,672,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in VONG. Accretive Wealth Partners LLC grew its stake in Vanguard Russell 1000 Growth ETF by 46.4% in the 4th quarter. Accretive Wealth Partners LLC now owns 6,610 shares of the company’s stock worth $516,000 after acquiring an additional 2,096 shares during the period. Principal Securities Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at $44,000. Cambridge Investment Research Advisors Inc. grew its position in shares of Vanguard Russell 1000 Growth ETF by 43.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 124,898 shares of the company’s stock valued at $9,745,000 after purchasing an additional 37,976 shares during the period. Advisory Services Network LLC increased its stake in Vanguard Russell 1000 Growth ETF by 85.2% in the fourth quarter. Advisory Services Network LLC now owns 22,946 shares of the company’s stock valued at $1,790,000 after purchasing an additional 10,556 shares during the last quarter. Finally, Cape Investment Advisory Inc. lifted its position in Vanguard Russell 1000 Growth ETF by 249.2% during the fourth quarter. Cape Investment Advisory Inc. now owns 1,107 shares of the company’s stock worth $86,000 after buying an additional 790 shares during the period.

Vanguard Russell 1000 Growth ETF Price Performance

VONG opened at $95.89 on Friday. The stock has a market capitalization of $21.45 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 12 month low of $65.85 and a 12 month high of $98.46. The business has a 50-day moving average of $92.35 and a two-hundred day moving average of $89.90.

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. This represents a $0.56 annualized dividend and a yield of 0.59%. The ex-dividend date was Thursday, June 27th.

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.