Procyon Advisors LLC Acquires 42,804 Shares of Vanguard Russell 1000 Growth ETF $VONG

Procyon Advisors LLC boosted its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 35.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 163,154 shares of the company’s stock after acquiring an additional 42,804 shares during the quarter. Vanguard Russell 1000 Growth ETF accounts for about 0.3% of Procyon Advisors LLC’s investment portfolio, making the stock its 25th biggest position. Procyon Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $17,896,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Investment Research & Advisory Group Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $25,000. Glen Eagle Advisors LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth approximately $25,000. Triumph Capital Management lifted its position in shares of Vanguard Russell 1000 Growth ETF by 208.6% during the 4th quarter. Triumph Capital Management now owns 216 shares of the company’s stock worth $26,000 after buying an additional 146 shares during the period. Harbor Investment Advisory LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 334.4% in the 1st quarter. Harbor Investment Advisory LLC now owns 278 shares of the company’s stock valued at $30,000 after buying an additional 214 shares in the last quarter. Finally, Quadrant Capital Group LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at $32,000.

Vanguard Russell 1000 Growth ETF Price Performance

Vanguard Russell 1000 Growth ETF stock opened at $127.57 on Monday. The firm has a market capitalization of $44.80 billion, a P/E ratio of 33.25 and a beta of 1.16. The stock has a fifty day moving average price of $126.88 and a two-hundred day moving average price of $120.90. Vanguard Russell 1000 Growth ETF has a 52-week low of $105.22 and a 52-week high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

Vanguard Russell 1000 Growth ETF Profile

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.