Vanguard Russell 1000 Growth ETF $VONG Shares Acquired by Royal Fund Management LLC

Royal Fund Management LLC increased its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 11.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,497 shares of the company’s stock after acquiring an additional 9,405 shares during the period. Vanguard Russell 1000 Growth ETF makes up about 1.1% of Royal Fund Management LLC’s holdings, making the stock its 19th largest holding. Royal Fund Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $11,327,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of VONG. Asset Management One Co. Ltd. grew its position in shares of Vanguard Russell 1000 Growth ETF by 19.0% during the fourth quarter. Asset Management One Co. Ltd. now owns 526 shares of the company’s stock worth $65,000 after buying an additional 84 shares in the last quarter. Wealthfront Advisers LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 3.6% during the 1st quarter. Wealthfront Advisers LLC now owns 2,587 shares of the company’s stock worth $284,000 after acquiring an additional 89 shares in the last quarter. Cedar Point Capital Partners LLC increased its position in shares of Vanguard Russell 1000 Growth ETF by 3.5% in the 4th quarter. Cedar Point Capital Partners LLC now owns 2,811 shares of the company’s stock valued at $342,000 after purchasing an additional 96 shares during the last quarter. Evolution Wealth Management Inc. raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 11.0% in the 1st quarter. Evolution Wealth Management Inc. now owns 976 shares of the company’s stock valued at $107,000 after purchasing an additional 97 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 2.9% in the 3rd quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock valued at $427,000 after purchasing an additional 100 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Down 2.1%

Shares of VONG stock opened at $117.42 on Thursday. The firm has a fifty day moving average price of $125.91 and a 200 day moving average price of $120.95. The company has a market cap of $41.23 billion, a P/E ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 12 month low of $105.22 and a 12 month high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a dividend of $0.1592 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.64 annualized dividend and a dividend yield of 0.5%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.