Princeton Global Asset Management LLC Grows Stake in Vanguard Russell 1000 Growth ETF $VONG

Princeton Global Asset Management LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 91.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,685 shares of the company’s stock after acquiring an additional 11,791 shares during the quarter. Princeton Global Asset Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,708,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VONG. Investment Research & Advisory Group Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth approximately $25,000. Glen Eagle Advisors LLC purchased a new stake in Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $25,000. Triumph Capital Management raised its holdings in Vanguard Russell 1000 Growth ETF by 208.6% during the 4th quarter. Triumph Capital Management now owns 216 shares of the company’s stock valued at $26,000 after buying an additional 146 shares during the period. Quadrant Capital Group LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the fourth quarter worth $32,000. Finally, FAS Wealth Partners Inc. bought a new stake in Vanguard Russell 1000 Growth ETF in the fourth quarter worth $34,000.

Vanguard Russell 1000 Growth ETF Price Performance

VONG stock opened at $122.12 on Monday. The firm’s fifty day simple moving average is $126.13 and its two-hundred day simple moving average is $120.59. The stock has a market capitalization of $41.65 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a twelve month low of $105.22 and a twelve month high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 0.5%. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Thursday, June 18th.

Vanguard Russell 1000 Growth ETF 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.