Apollon Wealth Management LLC Has $51.56 Million Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Apollon Wealth Management LLC boosted its position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 31.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 660,856 shares of the company’s stock after buying an additional 159,403 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up about 1.8% of Apollon Wealth Management LLC’s holdings, making the stock its 5th largest position. Apollon Wealth Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $51,560,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in VONG. Avantax Advisory Services Inc. grew its stake in Vanguard Russell 1000 Growth ETF by 114.4% in the 3rd quarter. Avantax Advisory Services Inc. now owns 10,661,133 shares of the company’s stock valued at $729,648,000 after buying an additional 5,689,290 shares in the last quarter. TIAA Trust National Association purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the third quarter valued at $288,590,000. Comerica Bank bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter valued at $55,071,000. Congress Wealth Management LLC DE purchased a new stake in Vanguard Russell 1000 Growth ETF during the 3rd quarter worth about $40,572,000. Finally, Ameriprise Financial Inc. boosted its stake in Vanguard Russell 1000 Growth ETF by 21.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,977,796 shares of the company’s stock worth $203,871,000 after purchasing an additional 517,435 shares during the period.

Vanguard Russell 1000 Growth ETF Price Performance

VONG stock remained flat at $86.37 during mid-day trading on Tuesday. The company’s stock had a trading volume of 464,036 shares, compared to its average volume of 847,209. The company has a 50-day moving average price of $85.23 and a two-hundred day moving average price of $79.90. Vanguard Russell 1000 Growth ETF has a 1-year low of $63.34 and a 1-year high of $87.75. The stock has a market capitalization of $19.19 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 disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were paid a dividend of $0.155 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.62 annualized dividend and a yield of 0.72%.

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.