Freedom Investment Management Inc. Grows Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Freedom Investment Management Inc. raised its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 11.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,890 shares of the company’s stock after purchasing an additional 4,025 shares during the period. Freedom Investment Management Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $3,754,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VONG. Quent Capital LLC boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 7.7% in the first quarter. Quent Capital LLC now owns 1,195,119 shares of the company’s stock worth $103,581,000 after acquiring an additional 85,945 shares during the period. Strategic Investment Solutions Inc. IL bought a new position in shares of Vanguard Russell 1000 Growth ETF in the second quarter valued at approximately $62,000. Brookstone Capital Management boosted its holdings in Vanguard Russell 1000 Growth ETF by 286.8% in the 2nd quarter. Brookstone Capital Management now owns 9,060 shares of the company’s stock valued at $855,000 after purchasing an additional 6,718 shares during the period. Western Wealth Management LLC grew its position in shares of Vanguard Russell 1000 Growth ETF by 13.4% during the 2nd quarter. Western Wealth Management LLC now owns 17,290 shares of the company’s stock valued at $1,622,000 after purchasing an additional 2,046 shares in the last quarter. Finally, Mather Group LLC. purchased a new position in Vanguard Russell 1000 Growth ETF during the second quarter worth about $35,000.

Vanguard Russell 1000 Growth ETF Trading Up 0.9 %

Shares of NASDAQ VONG opened at $102.45 on Wednesday. The stock has a market cap of $23.87 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 1-year low of $73.93 and a 1-year high of $103.15. The stock’s 50-day moving average is $98.49 and its 200 day moving average is $94.36.

Vanguard Russell 1000 Growth ETF Cuts Dividend

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

Vanguard Russell 1000 Growth ETF Company 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.