Abound Wealth Management Invests $27,000 in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Abound Wealth Management acquired a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 293 shares of the company’s stock, valued at approximately $27,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Tennessee Valley Asset Management Partners lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 75.8% in the 2nd quarter. Tennessee Valley Asset Management Partners now owns 56,597 shares of the company’s stock valued at $5,309,000 after purchasing an additional 24,401 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its position in Vanguard Russell 1000 Growth ETF by 9.9% in the second quarter. Prime Capital Investment Advisors LLC now owns 15,639 shares of the company’s stock valued at $1,467,000 after buying an additional 1,404 shares during the last quarter. ICA Group Wealth Management LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 11.9% during the second quarter. ICA Group Wealth Management LLC now owns 53,336 shares of the company’s stock worth $5,003,000 after buying an additional 5,673 shares during the period. Thompson Siegel & Walmsley LLC increased its position in shares of Vanguard Russell 1000 Growth ETF by 6.3% during the second quarter. Thompson Siegel & Walmsley LLC now owns 52,537 shares of the company’s stock valued at $4,928,000 after acquiring an additional 3,124 shares during the last quarter. Finally, Spectrum Wealth Counsel LLC raised its stake in shares of Vanguard Russell 1000 Growth ETF by 34.3% in the 2nd quarter. Spectrum Wealth Counsel LLC now owns 1,669 shares of the company’s stock valued at $157,000 after acquiring an additional 426 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ:VONG opened at $94.42 on Monday. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $65.85 and a fifty-two week high of $98.46. The company has a 50 day moving average price of $92.59 and a 200 day moving average price of $89.60. The stock has a market capitalization of $21.12 billion, a P/E ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.56 annualized dividend and a dividend yield of 0.60%.

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.