Elevation Point Wealth Partners LLC Makes New Investment in Vanguard Russell 1000 Growth ETF $VONG

Elevation Point Wealth Partners LLC acquired a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 22,488 shares of the company’s stock, valued at approximately $2,467,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VONG. Investment Research & Advisory Group Inc. bought a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter worth approximately $25,000. Glen Eagle Advisors LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at approximately $25,000. Triumph Capital Management boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 208.6% in the fourth quarter. Triumph Capital Management now owns 216 shares of the company’s stock valued at $26,000 after buying an additional 146 shares during the period. Harbor Investment Advisory LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 334.4% in the first quarter. Harbor Investment Advisory LLC now owns 278 shares of the company’s stock valued at $30,000 after buying an additional 214 shares during the period. Finally, Quadrant Capital Group LLC acquired a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter worth approximately $32,000.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of NASDAQ:VONG opened at $124.74 on Friday. The business’s 50 day simple moving average is $126.52 and its 200 day simple moving average is $120.71. Vanguard Russell 1000 Growth ETF has a 1 year low of $105.22 and a 1 year high of $132.94. The company has a market capitalization of $43.63 billion, a P/E ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently announced 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. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was 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.