Elevation Capital Advisory LLC Purchases New Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Elevation Capital Advisory LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,649 shares of the company’s stock, valued at approximately $377,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth about $307,101,000. Janney Montgomery Scott LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth about $180,769,000. LPL Financial LLC grew its position in shares of Vanguard Russell 1000 Growth ETF by 10.3% in the 3rd quarter. LPL Financial LLC now owns 5,172,862 shares of the company’s stock worth $499,285,000 after buying an additional 481,895 shares during the period. MidWestOne Financial Group Inc. grew its position in shares of Vanguard Russell 1000 Growth ETF by 209.2% in the 3rd quarter. MidWestOne Financial Group Inc. now owns 271,622 shares of the company’s stock worth $26,217,000 after buying an additional 183,789 shares during the period. Finally, Mesirow Financial Investment Management Inc. grew its position in shares of Vanguard Russell 1000 Growth ETF by 98.0% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 336,200 shares of the company’s stock worth $32,450,000 after buying an additional 166,380 shares during the period.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ:VONG opened at $97.08 on Friday. The firm’s 50-day moving average price is $104.27 and its 200-day moving average price is $100.72. The company has a market capitalization of $23.54 billion, a PE ratio of 36.54 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 1-year low of $81.08 and a 1-year high of $107.97.

Vanguard Russell 1000 Growth ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were given a dividend of $0.1378 per share. The ex-dividend date was Monday, December 23rd.

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.