RFG Bristol Wealth Advisors LLC Invests $16.77 Million in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

RFG Bristol Wealth Advisors LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 162,383 shares of the company’s stock, valued at approximately $16,774,000. Vanguard Russell 1000 Growth ETF accounts for approximately 5.5% of RFG Bristol Wealth Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. RFG Bristol Wealth Advisors LLC owned 0.07% of Vanguard Russell 1000 Growth ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $307,101,000. Janney Montgomery Scott LLC acquired a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter worth $180,769,000. Wealthfront Advisers LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter worth $511,000. Prudential Financial Inc. lifted its holdings in Vanguard Russell 1000 Growth ETF by 34.0% in the fourth quarter. Prudential Financial Inc. now owns 1,409,802 shares of the company’s stock valued at $145,633,000 after acquiring an additional 357,319 shares during the period. Finally, LPL Financial LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 6.8% in the fourth quarter. LPL Financial LLC now owns 5,525,452 shares of the company’s stock valued at $570,779,000 after acquiring an additional 352,590 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Up 1.0 %

NASDAQ:VONG opened at $93.69 on Wednesday. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $81.08 and a fifty-two week high of $107.97. The firm’s fifty day simple moving average is $100.98 and its 200-day simple moving average is $101.05. The stock has a market cap of $22.72 billion, a PE ratio of 31.13 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a dividend of $0.1366 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.55 annualized dividend and a yield of 0.58%.

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.