Bessemer Group Inc. Boosts Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Bessemer Group Inc. increased its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 50.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,800 shares of the company’s stock after purchasing an additional 8,700 shares during the period. Bessemer Group Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,236,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bleakley Financial Group LLC grew its stake in Vanguard Russell 1000 Growth ETF by 40.0% in the fourth quarter. Bleakley Financial Group LLC now owns 7,059 shares of the company’s stock worth $551,000 after purchasing an additional 2,018 shares during the period. Simplicity Solutions LLC grew its stake in Vanguard Russell 1000 Growth ETF by 40.0% in the fourth quarter. Simplicity Solutions LLC now owns 7,059 shares of the company’s stock worth $551,000 after purchasing an additional 2,018 shares during the period. Kingswood Wealth Advisors LLC purchased a new stake in Vanguard Russell 1000 Growth ETF in the fourth quarter worth $316,000. Raymond James & Associates grew its stake in Vanguard Russell 1000 Growth ETF by 12.4% in the fourth quarter. Raymond James & Associates now owns 640,515 shares of the company’s stock worth $49,973,000 after purchasing an additional 70,506 shares during the period. Finally, Ritholtz Wealth Management purchased a new stake in Vanguard Russell 1000 Growth ETF in the fourth quarter worth $663,000.

Vanguard Russell 1000 Growth ETF Price Performance

VONG stock traded up $0.22 during midday trading on Thursday, hitting $91.31. The stock had a trading volume of 293,532 shares, compared to its average volume of 845,545. Vanguard Russell 1000 Growth ETF has a 52-week low of $65.85 and a 52-week high of $98.46. The firm has a market cap of $20.42 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The business has a 50-day moving average of $92.73 and a two-hundred day moving average of $87.04.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 1st. Stockholders 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 dividend 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.