Flagship Wealth Advisors LLC Grows Position in Vanguard Russell 1000 Growth ETF $VONG

Flagship Wealth Advisors LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 27.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 26,028 shares of the company’s stock after buying an additional 5,595 shares during the quarter. Flagship Wealth Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $3,169,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Investment Research & Advisory Group Inc. purchased a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at $25,000. Founders Financial Alliance LLC purchased a new position in Vanguard Russell 1000 Growth ETF during the third quarter valued at $32,000. West Paces Advisors Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $42,000. Optima Capital LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $49,000. Finally, Semmax Financial Advisors Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the second quarter valued at about $56,000.

Vanguard Russell 1000 Growth ETF Stock Down 3.3%

Shares of Vanguard Russell 1000 Growth ETF stock opened at $126.34 on Friday. The stock’s 50-day simple moving average is $122.30 and its 200-day simple moving average is $120.18. Vanguard Russell 1000 Growth ETF has a 52 week low of $103.39 and a 52 week high of $132.94. The company has a market capitalization of $43.09 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were given a $0.1418 dividend. The ex-dividend date was Tuesday, March 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a dividend yield of 0.4%.

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.