Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sees Strong Trading Volume – Here’s What Happened

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw unusually-strong trading volume on Monday . Approximately 9,205,586 shares changed hands during mid-day trading, an increase of 175% from the previous session’s volume of 3,346,030 shares.The stock last traded at $115.3590 and had previously closed at $116.82.

Vanguard Russell 1000 Growth ETF Price Performance

The firm has a market capitalization of $34.20 billion, a PE ratio of 33.25 and a beta of 1.12. The company’s fifty day simple moving average is $120.14 and its 200 day simple moving average is $119.86.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VONG. Bank of America Corp DE raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 51.7% in the 4th quarter. Bank of America Corp DE now owns 51,255,902 shares of the company’s stock valued at $6,240,406,000 after acquiring an additional 17,473,802 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Russell 1000 Growth ETF by 6.4% in the fourth quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock valued at $995,208,000 after purchasing an additional 494,747 shares in the last quarter. TIAA Trust National Association lifted its position in Vanguard Russell 1000 Growth ETF by 3.1% during the second quarter. TIAA Trust National Association now owns 4,788,802 shares of the company’s stock valued at $522,937,000 after purchasing an additional 146,126 shares during the last quarter. Wells Fargo & Company MN grew its stake in Vanguard Russell 1000 Growth ETF by 6.2% in the 4th quarter. Wells Fargo & Company MN now owns 4,229,899 shares of the company’s stock worth $514,990,000 after buying an additional 245,413 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 8.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,031,762 shares of the company’s stock worth $485,265,000 after buying an additional 320,907 shares during the last quarter.

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.