93 Financial Group LLC Takes Position in Vanguard Russell 1000 Growth ETF $VONG

93 Financial Group LLC purchased a new position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 591,744 shares of the company’s stock, valued at approximately $72,045,000. Vanguard Russell 1000 Growth ETF accounts for 31.4% of 93 Financial Group LLC’s portfolio, making the stock its biggest position.

Other hedge funds have also recently modified their holdings of the company. Asset Management One Co. Ltd. increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 19.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 526 shares of the company’s stock valued at $65,000 after acquiring an additional 84 shares during the period. Cedar Point Capital Partners LLC grew its stake in Vanguard Russell 1000 Growth ETF by 3.5% in the fourth 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. Franklin Resources Inc. raised its holdings in Vanguard Russell 1000 Growth ETF by 2.9% in the third quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock worth $427,000 after purchasing an additional 100 shares in the last quarter. McIlrath & Eck LLC raised its holdings in Vanguard Russell 1000 Growth ETF by 22.2% in the fourth quarter. McIlrath & Eck LLC now owns 561 shares of the company’s stock worth $68,000 after purchasing an additional 102 shares in the last quarter. Finally, Larson Financial Group LLC raised its holdings in Vanguard Russell 1000 Growth ETF by 16.0% in the third quarter. Larson Financial Group LLC now owns 763 shares of the company’s stock worth $92,000 after purchasing an additional 105 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

VONG stock opened at $126.87 on Friday. Vanguard Russell 1000 Growth ETF has a one year low of $103.39 and a one year high of $132.94. The firm has a market cap of $43.27 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. The firm has a 50-day simple moving average of $125.27 and a two-hundred day simple moving average of $120.55.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th will be paid a dividend of $0.1592 per share. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date is Thursday, June 18th. This represents a $0.64 annualized dividend and a dividend yield of 0.5%.

Vanguard Russell 1000 Growth ETF Company 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.