Elevation Capital Advisory LLC Invests $10.98 Million in Vanguard Russell 1000 Growth ETF $VONG

Elevation Capital Advisory LLC acquired a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 91,133 shares of the company’s stock, valued at approximately $10,982,000. Vanguard Russell 1000 Growth ETF accounts for approximately 4.4% of Elevation Capital Advisory LLC’s portfolio, making the stock its 3rd biggest holding.

A number of other institutional investors have also modified their holdings of the company. WPG Advisers LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the third quarter valued at approximately $31,000. Advantage Trust Co purchased a new stake in Vanguard Russell 1000 Growth ETF during the second quarter worth approximately $29,000. ORG Wealth Partners LLC grew its stake in Vanguard Russell 1000 Growth ETF by 1,671.4% during the second quarter. ORG Wealth Partners LLC now owns 372 shares of the company’s stock worth $40,000 after buying an additional 351 shares during the period. Cranbrook Wealth Management LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the third quarter worth $45,000. Finally, Angeles Wealth Management LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at $42,000.

Vanguard Russell 1000 Growth ETF Trading Up 0.8%

NASDAQ:VONG opened at $119.94 on Friday. The firm’s fifty day simple moving average is $121.56 and its 200 day simple moving average is $118.83. Vanguard Russell 1000 Growth ETF has a twelve month low of $79.39 and a twelve month high of $126.83. The firm has a market capitalization of $35.58 billion, a price-to-earnings ratio of 33.25 and a beta of 1.12.

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.