Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Announces Dividend Increase – $0.16 Per Share

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) declared a quarterly dividend on Tuesday, June 16th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 18th will be given a dividend of 0.1592 per share on Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 18th. This is a 12.3% increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

Vanguard Russell 1000 Growth ETF Trading Up 1.2%

Shares of NASDAQ VONG traded up $1.52 on Thursday, reaching $126.87. 1,115,862 shares of the company traded hands, compared to its average volume of 2,642,965. The stock has a market capitalization of $43.27 billion, a PE ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $103.39 and a fifty-two week high of $132.94. The company has a 50 day moving average of $124.95 and a 200 day moving average of $120.52.

Hedge Funds Weigh In On Vanguard Russell 1000 Growth ETF

A number of large investors have recently bought and sold shares of the stock. Glen Eagle Advisors LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth $25,000. Investment Research & Advisory Group Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter worth about $25,000. Triumph Capital Management increased its stake in Vanguard Russell 1000 Growth ETF by 208.6% during the fourth quarter. Triumph Capital Management now owns 216 shares of the company’s stock worth $26,000 after acquiring an additional 146 shares during the last quarter. Quadrant Capital Group LLC acquired a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter worth about $32,000. Finally, Founders Financial Alliance LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter worth about $32,000.

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.