Investors Research Corp Boosts Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Investors Research Corp lifted its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 42.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,051 shares of the company’s stock after purchasing an additional 8,992 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up 0.6% of Investors Research Corp’s investment portfolio, making the stock its 29th biggest holding. Investors Research Corp’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,901,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. VitalStone Financial LLC grew its position in Vanguard Russell 1000 Growth ETF by 12.1% in the 3rd quarter. VitalStone Financial LLC now owns 990 shares of the company’s stock valued at $96,000 after buying an additional 107 shares during the last quarter. Citizens Financial Group Inc. RI boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 3.2% during the 1st quarter. Citizens Financial Group Inc. RI now owns 4,023 shares of the company’s stock worth $349,000 after purchasing an additional 123 shares during the last quarter. Financial Advocates Investment Management raised its holdings in Vanguard Russell 1000 Growth ETF by 1.1% in the 2nd quarter. Financial Advocates Investment Management now owns 12,158 shares of the company’s stock valued at $1,141,000 after acquiring an additional 127 shares during the last quarter. EQ LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 2.2% in the 3rd quarter. EQ LLC now owns 6,480 shares of the company’s stock worth $625,000 after buying an additional 141 shares during the last quarter. Finally, Valley National Advisers Inc. grew its stake in shares of Vanguard Russell 1000 Growth ETF by 14.1% during the 3rd quarter. Valley National Advisers Inc. now owns 1,208 shares of the company’s stock valued at $116,000 after buying an additional 149 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

Vanguard Russell 1000 Growth ETF stock traded down $0.41 during trading on Thursday, reaching $100.75. 47,798 shares of the company’s stock were exchanged, compared to its average volume of 806,850. The company’s 50-day moving average is $97.89 and its two-hundred day moving average is $93.88. Vanguard Russell 1000 Growth ETF has a 52-week low of $73.93 and a 52-week high of $103.15. The firm has a market cap of $23.48 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.139 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend was Thursday, September 26th.

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.