Clare Market Investments LLC Acquires New Shares in Vanguard Russell 1000 Growth ETF $VONG

Clare Market Investments LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 6,360 shares of the company’s stock, valued at approximately $698,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Glen Eagle Advisors LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the fourth quarter worth approximately $25,000. Investment Research & Advisory Group Inc. bought a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at about $25,000. Triumph Capital Management increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 208.6% during the 4th quarter. Triumph Capital Management now owns 216 shares of the company’s stock valued at $26,000 after acquiring an additional 146 shares during the last quarter. Quadrant Capital Group LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at approximately $32,000. Finally, Harbor Investment Advisory LLC boosted its position in Vanguard Russell 1000 Growth ETF by 334.4% during the first quarter. Harbor Investment Advisory LLC now owns 278 shares of the company’s stock worth $30,000 after purchasing an additional 214 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Down 0.8%

NASDAQ:VONG opened at $125.51 on Tuesday. The company’s 50 day moving average is $126.62 and its 200-day moving average is $120.75. Vanguard Russell 1000 Growth ETF has a 12 month low of $105.22 and a 12 month high of $132.94. The firm has a market cap of $43.89 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

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.