Janney Montgomery Scott LLC Raises Stock Position in Vanguard Russell 1000 Growth ETF $VONG

Janney Montgomery Scott LLC lifted its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 13.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,803,853 shares of the company’s stock after buying an additional 220,766 shares during the period. Janney Montgomery Scott LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $197,865,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Investment Research & Advisory Group Inc. purchased a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter worth about $25,000. Glen Eagle Advisors LLC purchased a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $25,000. Triumph Capital Management lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 208.6% in the 4th quarter. Triumph Capital Management now owns 216 shares of the company’s stock valued at $26,000 after purchasing an additional 146 shares during the last quarter. Quadrant Capital Group LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth approximately $32,000. Finally, FAS Wealth Partners Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth approximately $34,000.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ VONG opened at $122.12 on Friday. The business’s 50 day moving average price is $126.13 and its 200-day moving average price is $120.60. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $105.22 and a fifty-two week high of $132.94. The company has a market cap of $41.65 billion, a P/E ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were given a dividend of $0.1592 per share. This represents a $0.64 dividend on an annualized basis and a yield of 0.5%. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Thursday, June 18th.

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.