Founders Financial Securities LLC Purchases New Position in Vanguard Russell 1000 Growth ETF $VONG

Founders Financial Securities LLC purchased a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 8,097 shares of the company’s stock, valued at approximately $986,000.

Other large investors have also added to or reduced their stakes in the company. Investment Research & Advisory Group Inc. bought a new position in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $25,000. Founders Financial Alliance LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $32,000. West Paces Advisors Inc. bought a new position in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $42,000. Optima Capital LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $49,000. Finally, Semmax Financial Advisors Inc. bought a new position in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth approximately $56,000.

Vanguard Russell 1000 Growth ETF Stock Up 0.7%

Vanguard Russell 1000 Growth ETF stock opened at $132.52 on Tuesday. Vanguard Russell 1000 Growth ETF has a 52 week low of $102.10 and a 52 week high of $132.94. The company’s 50 day moving average price is $120.78 and its two-hundred day moving average price is $119.94. The stock has a market cap of $45.20 billion, a P/E ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were given a dividend of $0.1418 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 annualized dividend and a dividend yield of 0.4%. 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.