Wedbush Securities Inc. Has $2.42 Million Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Wedbush Securities Inc. raised its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 311.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,806 shares of the company’s stock after acquiring an additional 19,537 shares during the quarter. Wedbush Securities Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,421,000 as of its most recent SEC filing.

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

Vanguard Russell 1000 Growth ETF Trading Up 1.1 %

Shares of VONG opened at $90.14 on Tuesday. The firm’s fifty day simple moving average is $92.85 and its two-hundred day simple moving average is $89.38. Vanguard Russell 1000 Growth ETF has a 12 month low of $65.85 and a 12 month high of $98.46. The stock has a market capitalization of $20.16 billion, a P/E ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were given a dividend of $0.141 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.63%. The ex-dividend date of this dividend was Thursday, June 27th.

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.