MOR Wealth Management LLC Takes $610,000 Position in Vanguard Russell 1000 Growth ETF $VONG

MOR Wealth Management LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,013 shares of the company’s stock, valued at approximately $610,000.

Several other hedge funds have also recently added to or reduced their stakes in VONG. Amundi acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the first quarter valued at $488,000. AQR Capital Management LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 9.1% in the first quarter. AQR Capital Management LLC now owns 37,849 shares of the company’s stock worth $3,512,000 after purchasing an additional 3,154 shares during the period. Goldman Sachs Group Inc. grew its position in Vanguard Russell 1000 Growth ETF by 17.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 473,073 shares of the company’s stock valued at $43,896,000 after buying an additional 69,346 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Vanguard Russell 1000 Growth ETF by 8.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 473,947 shares of the company’s stock valued at $51,755,000 after buying an additional 35,617 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its stake in Vanguard Russell 1000 Growth ETF by 7.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 9,492 shares of the company’s stock valued at $1,036,000 after buying an additional 627 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ:VONG opened at $106.20 on Monday. The company has a 50 day moving average of $116.14 and a 200-day moving average of $119.67. The firm has a market cap of $31.51 billion, a P/E ratio of 33.25 and a beta of 1.12. Vanguard Russell 1000 Growth ETF has a twelve month low of $79.39 and a twelve month high of $126.83.

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 given a dividend of $0.1418 per share. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Tuesday, March 24th. This represents a $0.57 annualized dividend 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.