IFG Advisory LLC Purchases 3,916 Shares of Vanguard Russell 1000 Growth ETF $VONG

IFG Advisory LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 12.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,398 shares of the company’s stock after acquiring an additional 3,916 shares during the period. IFG Advisory LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $4,310,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Investment Research & Advisory Group Inc. bought a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at about $25,000. Founders Financial Alliance LLC bought a new position in Vanguard Russell 1000 Growth ETF during the third quarter valued at about $32,000. West Paces Advisors Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $42,000. Golden State Wealth Management LLC boosted its holdings in Vanguard Russell 1000 Growth ETF by 244.2% during the third quarter. Golden State Wealth Management LLC now owns 358 shares of the company’s stock valued at $43,000 after purchasing an additional 254 shares in the last quarter. Finally, Optima Capital LLC acquired a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $49,000.

Vanguard Russell 1000 Growth ETF Trading Up 1.1%

NASDAQ VONG opened at $130.89 on Friday. The stock’s 50 day moving average is $119.99 and its two-hundred day moving average is $119.83. The company has a market capitalization of $44.64 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 1-year low of $101.40 and a 1-year high of $130.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a dividend of $0.1418 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.57 dividend on an annualized basis and a yield of 0.4%.

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.