RWA Wealth Partners LLC Invests $725,000 in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

RWA Wealth Partners LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 9,298 shares of the company’s stock, valued at approximately $725,000.

Other hedge funds have also recently bought and sold shares of the company. MCF Advisors LLC acquired a new position in Vanguard Russell 1000 Growth ETF during the 3rd quarter worth about $32,000. Blue Trust Inc. lifted its stake in Vanguard Russell 1000 Growth ETF by 1,990.0% during the 4th quarter. Blue Trust Inc. now owns 418 shares of the company’s stock worth $33,000 after acquiring an additional 398 shares in the last quarter. AlphaCore Capital LLC acquired a new position in Vanguard Russell 1000 Growth ETF during the 3rd quarter worth about $40,000. Eukles Asset Management acquired a new position in Vanguard Russell 1000 Growth ETF during the 3rd quarter worth about $41,000. Finally, Tompkins Financial Corp acquired a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter worth about $49,000.

Vanguard Russell 1000 Growth ETF Trading Down 0.1 %

VONG opened at $83.35 on Thursday. The stock’s 50-day moving average price is $85.23 and its 200 day moving average price is $79.06. Vanguard Russell 1000 Growth ETF has a 12-month low of $61.54 and a 12-month high of $87.75. The firm has a market cap of $18.52 billion, a price-to-earnings ratio of 37.21 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 22nd were given a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend was Thursday, March 21st.

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.