Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sets New 12-Month High – What’s Next?

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $107.37 and last traded at $107.23, with a volume of 240504 shares traded. The stock had previously closed at $106.55.

Vanguard Russell 1000 Growth ETF Price Performance

The firm has a market cap of $24.19 billion, a PE ratio of 36.74 and a beta of 1.08. The business has a fifty day moving average price of $101.24 and a two-hundred day moving average price of $96.13.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.139 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.54%.

Institutional Trading of Vanguard Russell 1000 Growth ETF

Several institutional investors have recently made changes to their positions in the stock. SeaCrest Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth about $304,000. &PARTNERS acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth $2,328,000. Diversified LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at $3,274,000. Atlantic Union Bankshares Corp lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 3.3% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 18,582 shares of the company’s stock valued at $1,743,000 after purchasing an additional 594 shares during the last quarter. Finally, Raymond James Trust N.A. boosted its holdings in Vanguard Russell 1000 Growth ETF by 7.1% in the second quarter. Raymond James Trust N.A. now owns 35,435 shares of the company’s stock worth $3,324,000 after purchasing an additional 2,335 shares in the last quarter.

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.