Global Strategic Investment Solutions LLC Raises Stake in Vanguard Russell 1000 Growth ETF $VONG

Global Strategic Investment Solutions LLC lifted its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 9.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 695,315 shares of the company’s stock after acquiring an additional 61,473 shares during the period. Vanguard Russell 1000 Growth ETF makes up approximately 7.4% of Global Strategic Investment Solutions LLC’s portfolio, making the stock its 3rd largest position. Global Strategic Investment Solutions LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $76,269,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. lifted its position in Vanguard Russell 1000 Growth ETF by 19.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 526 shares of the company’s stock valued at $65,000 after acquiring an additional 84 shares in the last quarter. Cedar Point Capital Partners LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 3.5% during the 4th quarter. Cedar Point Capital Partners LLC now owns 2,811 shares of the company’s stock valued at $342,000 after purchasing an additional 96 shares during the last quarter. Evolution Wealth Management Inc. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 11.0% in the 1st quarter. Evolution Wealth Management Inc. now owns 976 shares of the company’s stock worth $107,000 after purchasing an additional 97 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 2.9% in the 3rd quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock worth $427,000 after purchasing an additional 100 shares in the last quarter. Finally, McIlrath & Eck LLC raised its stake in shares of Vanguard Russell 1000 Growth ETF by 22.2% in the fourth quarter. McIlrath & Eck LLC now owns 561 shares of the company’s stock worth $68,000 after purchasing an additional 102 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of NASDAQ:VONG opened at $125.15 on Tuesday. The company has a market cap of $43.77 billion, a P/E 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 $132.94. The stock’s fifty day moving average price is $126.62 and its 200-day moving average price is $120.75.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a dividend of $0.1592 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.64 annualized dividend and a yield of 0.5%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.