Valley Wealth Managers Inc. Boosts Stock Holdings in Vanguard Russell 1000 Growth ETF $VONG

Valley Wealth Managers Inc. raised its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 5.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 477,053 shares of the company’s stock after buying an additional 26,736 shares during the period. Vanguard Russell 1000 Growth ETF accounts for approximately 3.7% of Valley Wealth Managers Inc.’s portfolio, making the stock its biggest holding. Valley Wealth Managers Inc. owned 0.16% of Vanguard Russell 1000 Growth ETF worth $58,081,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Ameriprise Financial Inc. raised its holdings in Vanguard Russell 1000 Growth ETF by 8.6% during the third quarter. Ameriprise Financial Inc. now owns 4,031,762 shares of the company’s stock valued at $485,265,000 after buying an additional 320,907 shares in the last quarter. UBS Group AG raised its holdings in Vanguard Russell 1000 Growth ETF by 0.8% during the third quarter. UBS Group AG now owns 3,994,158 shares of the company’s stock valued at $481,296,000 after buying an additional 29,877 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Vanguard Russell 1000 Growth ETF by 16.8% during the second quarter. Raymond James Financial Inc. now owns 3,705,989 shares of the company’s stock valued at $404,694,000 after buying an additional 534,216 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Vanguard Russell 1000 Growth ETF by 11.5% during the fourth quarter. Sequoia Financial Advisors LLC now owns 3,545,177 shares of the company’s stock valued at $431,625,000 after buying an additional 364,951 shares in the last quarter. Finally, Truist Financial Corp raised its holdings in Vanguard Russell 1000 Growth ETF by 1.2% during the third quarter. Truist Financial Corp now owns 1,982,993 shares of the company’s stock valued at $238,951,000 after buying an additional 23,204 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ VONG opened at $127.15 on Tuesday. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $99.17 and a fifty-two week high of $127.67. The stock’s 50-day moving average is $116.58 and its two-hundred day moving average is $119.38. The firm has a market cap of $43.37 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 declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a dividend of $0.1418 per share. This represents a $0.57 dividend on an annualized basis and a yield of 0.4%. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Tuesday, March 24th.

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.