Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sees Strong Trading Volume – What’s Next?

by · The Markets Daily

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG – Get Free Report) saw an uptick in trading volume on Thursday . 1,245,089 shares changed hands during trading, a decline of 1% from the previous session’s volume of 1,258,164 shares.The stock last traded at $122.2770 and had previously closed at $123.37.

Vanguard Russell 1000 Growth ETF Trading Down 1.6%

The stock’s fifty day moving average price is $121.96 and its 200 day moving average price is $115.60. The stock has a market cap of $32.82 billion, a P/E ratio of 33.25 and a beta of 1.12.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Wednesday, September 24th were given a $0.1419 dividend. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in shares of Vanguard Russell 1000 Growth ETF by 1.7% in the second quarter. Bank of America Corp DE now owns 36,407,608 shares of the company’s stock worth $3,975,711,000 after acquiring an additional 617,701 shares during the last quarter. TIAA Trust National Association boosted its stake in Vanguard Russell 1000 Growth ETF by 3.1% in the 2nd quarter. TIAA Trust National Association now owns 4,788,802 shares of the company’s stock worth $522,937,000 after purchasing an additional 146,126 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in Vanguard Russell 1000 Growth ETF by 8.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,031,762 shares of the company’s stock worth $485,265,000 after purchasing an additional 320,907 shares in the last quarter. UBS Group AG grew its position in Vanguard Russell 1000 Growth ETF by 0.8% during the 3rd quarter. UBS Group AG now owns 3,994,158 shares of the company’s stock valued at $481,296,000 after purchasing an additional 29,877 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Vanguard Russell 1000 Growth ETF by 10.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,987,038 shares of the company’s stock valued at $435,385,000 after purchasing an additional 362,498 shares in the last quarter.

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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