Merit Financial Group LLC Boosts Stake in Vanguard Russell 1000 Growth ETF $VONG

Merit Financial Group LLC increased its holdings in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONGFree Report) by 64.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 159,448 shares of the company’s stock after purchasing an additional 62,623 shares during the quarter. Merit Financial Group LLC owned 0.05% of Vanguard Russell 1000 Growth ETF worth $19,413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Fulton Bank N.A. lifted its stake in Vanguard Russell 1000 Growth ETF by 0.6% during the 3rd quarter. Fulton Bank N.A. now owns 13,717 shares of the company’s stock valued at $1,653,000 after acquiring an additional 88 shares during the period. Sax Wealth Advisors LLC boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 2.7% during the 3rd quarter. Sax Wealth Advisors LLC now owns 3,627 shares of the company’s stock valued at $437,000 after acquiring an additional 96 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Vanguard Russell 1000 Growth ETF by 2.9% in the third quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock worth $427,000 after acquiring an additional 100 shares during the period. Larson Financial Group LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF by 16.0% in the third quarter. Larson Financial Group LLC now owns 763 shares of the company’s stock worth $92,000 after acquiring an additional 105 shares during the period. Finally, Trust Point Inc. raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 2.4% during the fourth quarter. Trust Point Inc. now owns 4,861 shares of the company’s stock valued at $592,000 after purchasing an additional 113 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Up 0.1%

Shares of Vanguard Russell 1000 Growth ETF stock opened at $120.77 on Friday. Vanguard Russell 1000 Growth ETF has a twelve month low of $84.50 and a twelve month high of $126.83. The company’s 50 day moving average is $114.44 and its 200 day moving average is $119.09. The company has a market cap of $41.19 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.1418 per share. This represents a $0.57 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

About Vanguard Russell 1000 Growth ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

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