Valley Wealth Managers Inc. Has $58.08 Million Stock Holdings in Vanguard Russell 1000 Growth ETF $VONG

Valley Wealth Managers Inc. raised its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 5.9% in the fourth quarter, Holdings Channel reports. The fund owned 477,053 shares of the company’s stock after buying an additional 26,736 shares during the quarter. Vanguard Russell 1000 Growth ETF comprises approximately 3.7% of Valley Wealth Managers Inc.’s investment portfolio, making the stock its biggest holding. Valley Wealth Managers Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $58,081,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of VONG. Investment Research & Advisory Group Inc. bought a new stake in Vanguard Russell 1000 Growth ETF during the fourth quarter valued at about $25,000. WPG Advisers LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the third quarter valued at about $31,000. Founders Financial Alliance LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the third quarter valued at about $32,000. West Paces Advisors Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $42,000. Finally, Golden State Wealth Management LLC lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 244.2% in the third quarter. Golden State Wealth Management LLC now owns 358 shares of the company’s stock valued at $43,000 after buying an additional 254 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ VONG opened at $127.15 on Tuesday. The firm has a 50-day simple moving average of $116.58 and a 200 day simple moving average of $119.38. Vanguard Russell 1000 Growth ETF has a twelve month low of $99.17 and a twelve month high of $127.67. The stock has a market cap of $43.37 billion, a PE ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were paid a dividend of $0.1418 per share. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.57 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Tuesday, March 24th.

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.