Steele Capital Management Inc. Acquires 306,195 Shares of Vanguard Russell 1000 Growth ETF $VONG

Steele Capital Management Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 306,195 shares of the company’s stock, valued at approximately $39,478,000. Vanguard Russell 1000 Growth ETF comprises about 1.5% of Steele Capital Management Inc.’s investment portfolio, making the stock its 19th biggest holding. Steele Capital Management Inc. owned approximately 0.08% of Vanguard Russell 1000 Growth ETF at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Bank of America Corp DE boosted its holdings in shares of 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 buying an additional 24,863,877 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Vanguard Russell 1000 Growth ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 5,410,693 shares of the company’s stock worth $691,520,000 after buying an additional 343,780 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the third quarter worth about $265,170,000. Apollon Wealth Management LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 15.2% in the third quarter. Apollon Wealth Management LLC now owns 1,305,364 shares of the company’s stock valued at $168,301,000 after acquiring an additional 172,046 shares during the last quarter. Finally, Royal Bank of Canada grew its position in shares of Vanguard Russell 1000 Growth ETF by 17.7% during the 1st quarter. Royal Bank of Canada now owns 1,288,656 shares of the company’s stock valued at $141,352,000 after acquiring an additional 193,959 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Down 6.4%

Shares of VONG stock opened at $113.59 on Friday. The company has a 50 day moving average of $126.76 and a 200-day moving average of $122.92. Vanguard Russell 1000 Growth ETF has a 12-month low of $105.22 and a 12-month high of $133.63. The firm has a market cap of $42.07 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.