Modern Wealth Management LLC Purchases Shares of 106,969 Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Modern Wealth Management LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 106,969 shares of the company’s stock, valued at approximately $11,350,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Thrivent Financial for Lutherans grew its position in Vanguard Russell 1000 Growth ETF by 2.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 46,668 shares of the company’s stock valued at $4,504,000 after buying an additional 1,101 shares in the last quarter. Caprock Group LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF in the third quarter valued at approximately $207,000. Cerity Partners LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 3.1% during the third quarter. Cerity Partners LLC now owns 307,818 shares of the company’s stock valued at $29,711,000 after acquiring an additional 9,391 shares during the period. Loomis Sayles & Co. L P raised its holdings in Vanguard Russell 1000 Growth ETF by 91.9% during the third quarter. Loomis Sayles & Co. L P now owns 62,630 shares of the company’s stock worth $6,045,000 after purchasing an additional 30,000 shares in the last quarter. Finally, Diversified LLC lifted its position in Vanguard Russell 1000 Growth ETF by 7.7% in the third quarter. Diversified LLC now owns 37,574 shares of the company’s stock worth $3,627,000 after purchasing an additional 2,676 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of NASDAQ VONG opened at $97.43 on Tuesday. Vanguard Russell 1000 Growth ETF has a 1 year low of $81.08 and a 1 year high of $107.97. The firm has a market cap of $23.63 billion, a P/E ratio of 33.19 and a beta of 1.08. The stock has a fifty day moving average price of $102.10 and a two-hundred day moving average price of $100.94.

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.