Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sets New 1-Year High – Here’s Why

by · The Markets Daily

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $119.82 and last traded at $119.33, with a volume of 940416 shares traded. The stock had previously closed at $119.55.

Vanguard Russell 1000 Growth ETF Stock Performance

The company’s 50 day moving average price is $114.07 and its 200-day moving average price is $103.73. The company has a market cap of $31.98 billion, a price-to-earnings ratio of 33.25 and a beta of 1.08.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Advantage Trust Co acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the second quarter worth about $29,000. Greykasell Wealth Strategies Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the first quarter worth about $35,000. ORG Wealth Partners LLC boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 1,671.4% in the second quarter. ORG Wealth Partners LLC now owns 372 shares of the company’s stock worth $40,000 after buying an additional 351 shares during the period. Proathlete Wealth Management LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the first quarter worth about $35,000. Finally, Angeles Wealth Management LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the second quarter worth about $42,000.

About Vanguard Russell 1000 Growth ETF

(Get Free Report)

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.

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