Traction Financial Partners LLC Has $568,000 Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Traction Financial Partners LLC raised its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 12.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,123 shares of the company’s stock after purchasing an additional 695 shares during the period. Vanguard Russell 1000 Growth ETF accounts for 0.4% of Traction Financial Partners LLC’s portfolio, making the stock its 24th largest holding. Traction Financial Partners LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $568,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VONG. Legacy Investment Solutions LLC acquired a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $42,000. Investment Counsel Co. of Nevada acquired a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $51,000. Providence First Trust Co acquired a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $62,000. Measured Risk Portfolios Inc. acquired a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $64,000. Finally, Vermillion Wealth Management Inc. acquired a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $65,000.

Vanguard Russell 1000 Growth ETF Stock Up 0.6%

Shares of VONG stock opened at $105.65 on Wednesday. Vanguard Russell 1000 Growth ETF has a 12 month low of $79.40 and a 12 month high of $107.97. The business’s 50 day moving average is $96.20 and its two-hundred day moving average is $100.24. The company has a market cap of $27.72 billion, a PE ratio of 32.77 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 Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.1366 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.55 annualized dividend and a yield of 0.52%.

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.