Capstone Wealth Management Inc. Acquires Shares of 8,242 Vanguard Russell 1000 Growth ETF $VONG

Capstone Wealth Management Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,242 shares of the company’s stock, valued at approximately $1,003,000. Vanguard Russell 1000 Growth ETF comprises about 0.9% of Capstone Wealth Management Inc.’s holdings, making the stock its 21st biggest position.

A number of other institutional investors have also modified their holdings of VONG. 93 Financial Group LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth approximately $72,045,000. Mcguire Capital Advisors Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at approximately $123,000. Invesco Ltd. lifted its position in Vanguard Russell 1000 Growth ETF by 30.9% during the fourth quarter. Invesco Ltd. now owns 6,245 shares of the company’s stock valued at $760,000 after acquiring an additional 1,476 shares during the last quarter. Michels Family Financial LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 7.6% in the fourth quarter. Michels Family Financial LLC now owns 31,939 shares of the company’s stock valued at $3,889,000 after acquiring an additional 2,250 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in Vanguard Russell 1000 Growth ETF by 5.0% in the fourth quarter. Raymond James Financial Inc. now owns 3,109,784 shares of the company’s stock valued at $378,616,000 after acquiring an additional 149,478 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 1.2%

NASDAQ VONG opened at $126.87 on Friday. The firm’s fifty day simple moving average is $125.27 and its two-hundred day simple moving average is $120.55. The firm has a market capitalization of $43.27 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 $103.39 and a 12-month high of $132.94.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.