Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Hits New 12-Month High – Here’s Why

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $99.89 and last traded at $99.89, with a volume of 26256 shares. The stock had previously closed at $98.04.

Vanguard Russell 1000 Growth ETF Stock Up 1.7 %

The firm has a market capitalization of $23.82 billion, a PE ratio of 36.74 and a beta of 1.08. The firm’s fifty day simple moving average is $96.09 and its 200-day simple moving average is $92.68.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.139 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.56 annualized dividend and a yield of 0.54%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Abound Wealth Management purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the second quarter valued at approximately $27,000. Rothschild Investment LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the second quarter valued at approximately $31,000. Eastern Bank purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the third quarter valued at approximately $35,000. Mather Group LLC. purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the second quarter valued at approximately $35,000. Finally, Stuart Chaussee & Associates Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the first quarter valued at approximately $35,000.

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.