Quadrant Private Wealth Management LLC Takes $554,000 Position in Vanguard Russell 1000 Growth ETF $VONG

Quadrant Private Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 5,054 shares of the company’s stock, valued at approximately $554,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Amundi bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $488,000. AQR Capital Management LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 9.1% in the 1st quarter. AQR Capital Management LLC now owns 37,849 shares of the company’s stock worth $3,512,000 after acquiring an additional 3,154 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of 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 worth $43,896,000 after acquiring an additional 69,346 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Vanguard Russell 1000 Growth ETF by 13.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,489 shares of the company’s stock valued at $272,000 after acquiring an additional 287 shares during the period. Finally, Invesco Ltd. purchased a new position in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at about $475,000.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ:VONG opened at $122.95 on Friday. The firm has a market capitalization of $43.18 billion, a P/E ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a one year low of $105.22 and a one year high of $132.94. The company’s 50-day simple moving average is $126.89 and its 200 day simple moving average is $120.98.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a dividend of $0.1592 per share. The ex-dividend date was Thursday, June 18th. This is a positive change 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%.

Vanguard Russell 1000 Growth ETF Company 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.