Envestnet Asset Management Inc. Buys 343,780 Shares of Vanguard Russell 1000 Growth ETF $VONG

Envestnet Asset Management Inc. increased its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 6.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,410,693 shares of the company’s stock after acquiring an additional 343,780 shares during the period. Envestnet Asset Management Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $691,520,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE increased its stake in Vanguard Russell 1000 Growth ETF by 48.5% in the 1st quarter. Bank of America Corp DE now owns 76,119,779 shares of the company’s stock worth $8,349,579,000 after purchasing an additional 24,863,877 shares during the period. LPL Financial LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 6.4% during the fourth quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock valued at $995,208,000 after purchasing an additional 494,747 shares during the period. Valpey Financial Services LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 11,768.8% during the fourth quarter. Valpey Financial Services LLC now owns 1,737,121 shares of the company’s stock valued at $211,494,000 after purchasing an additional 1,722,485 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 13.9% in the first quarter. Janney Montgomery Scott LLC now owns 1,803,853 shares of the company’s stock worth $197,865,000 after purchasing an additional 220,766 shares during the last quarter. Finally, Jabodon PT Co. bought a new position in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter worth approximately $177,692,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ VONG traded down $1.52 during mid-day trading on Wednesday, hitting $129.07. The stock had a trading volume of 721,832 shares, compared to its average volume of 2,077,361. The business has a 50 day moving average price of $125.59 and a two-hundred day moving average price of $123.14. Vanguard Russell 1000 Growth ETF has a 1 year low of $105.22 and a 1 year high of $132.94. The firm has a market cap of $46.90 billion, a P/E ratio of 33.25 and a beta of 1.16.

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.