38,849 Shares in Vanguard Russell 1000 Growth ETF $VONG Purchased by Valley National Advisers Inc.

Valley National Advisers Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the third quarter, Holdings Channel reports. The institutional investor purchased 38,849 shares of the company’s stock, valued at approximately $5,009,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VONG. Planning Strategies Inc. grew its position in shares of Vanguard Russell 1000 Growth ETF by 10.1% in the third quarter. Planning Strategies Inc. now owns 226,311 shares of the company’s stock valued at $29,178,000 after purchasing an additional 20,772 shares during the period. Spartan Wealth Advisory Services LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter worth about $11,653,000. Relyea Zuckerberg Hanson LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 53.2% in the 1st quarter. Relyea Zuckerberg Hanson LLC now owns 68,575 shares of the company’s stock valued at $7,522,000 after buying an additional 23,822 shares in the last quarter. Kinetic Wealth Investment Advisors LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at about $52,358,000. Finally, Concurrent Investment Advisors LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 363.9% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 57,929 shares of the company’s stock valued at $7,404,000 after buying an additional 45,441 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ VONG opened at $123.16 on Friday. The stock’s 50 day simple moving average is $127.51 and its 200-day simple moving average is $125.77. The company has a market cap of $44.97 billion, a PE ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 1-year low of $105.22 and a 1-year high of $133.63.

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.