Advisors Preferred LLC Buys 38,400 Shares of Vanguard Russell 1000 Growth ETF $VONG

Advisors Preferred LLC lifted its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 33.2% during the first quarter, Holdings Channel.com reports. The fund owned 153,990 shares of the company’s stock after purchasing an additional 38,400 shares during the period. Vanguard Russell 1000 Growth ETF accounts for about 2.5% of Advisors Preferred LLC’s holdings, making the stock its 7th biggest holding. Advisors Preferred LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $16,891,000 at the end of the most recent reporting period.

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

Vanguard Russell 1000 Growth ETF Price Performance

Shares of VONG opened at $126.86 on Wednesday. The firm’s 50 day moving average is $126.98 and its 200-day moving average is $120.93. The stock has a market capitalization of $44.55 billion, a P/E ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 12-month low of $105.22 and a 12-month high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.