SCS Capital Management LLC Acquires 157,284 Shares of Vanguard Russell 1000 Growth ETF $VONG

SCS Capital Management LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 32.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 639,855 shares of the company’s stock after buying an additional 157,284 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up approximately 0.8% of SCS Capital Management LLC’s portfolio, making the stock its 21st biggest position. SCS Capital Management LLC owned 0.24% of Vanguard Russell 1000 Growth ETF worth $69,872,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Blair William & Co. IL lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 3.2% in the 1st quarter. Blair William & Co. IL now owns 16,104 shares of the company’s stock valued at $1,494,000 after purchasing an additional 497 shares during the period. Wealthspire Advisors LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF by 9.0% in the 1st quarter. Wealthspire Advisors LLC now owns 16,298 shares of the company’s stock valued at $1,512,000 after buying an additional 1,339 shares during the period. Greykasell Wealth Strategies Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the first quarter valued at approximately $35,000. Chicago Partners Investment Group LLC raised its holdings in Vanguard Russell 1000 Growth ETF by 4.2% during the first quarter. Chicago Partners Investment Group LLC now owns 26,322 shares of the company’s stock worth $2,523,000 after buying an additional 1,065 shares during the last quarter. Finally, Blue Barn Wealth LLC increased its position in shares of Vanguard Russell 1000 Growth ETF by 0.9% during the first quarter. Blue Barn Wealth LLC now owns 163,910 shares of the company’s stock worth $15,209,000 after acquiring an additional 1,399 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ VONG opened at $122.87 on Friday. The stock has a market cap of $33.24 billion, a price-to-earnings ratio of 33.25 and a beta of 1.12. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $79.39 and a fifty-two week high of $126.83. The firm’s 50-day simple moving average is $121.68 and its 200 day simple moving average is $114.72.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Wednesday, September 24th were issued a dividend of $0.1419 per share. This represents a $0.57 annualized dividend and a yield of 0.5%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13. The ex-dividend date was Wednesday, September 24th.

Vanguard Russell 1000 Growth ETF 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.