Maridea Wealth Management LLC Invests $324,000 in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Maridea Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 4th quarter, Holdings Channel reports. The fund purchased 3,141 shares of the company’s stock, valued at approximately $324,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sound Income Strategies LLC increased its position in Vanguard Russell 1000 Growth ETF by 3,291.7% during the fourth quarter. Sound Income Strategies LLC now owns 407 shares of the company’s stock valued at $42,000 after acquiring an additional 395 shares during the last quarter. Eagle Bay Advisors LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 140.7% during the 4th quarter. Eagle Bay Advisors LLC now owns 568 shares of the company’s stock worth $59,000 after purchasing an additional 332 shares during the period. Providence First Trust Co bought a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter valued at about $62,000. WASHINGTON TRUST Co raised its position in Vanguard Russell 1000 Growth ETF by 222.5% in the 4th quarter. WASHINGTON TRUST Co now owns 645 shares of the company’s stock worth $67,000 after purchasing an additional 445 shares during the period. Finally, Sunbelt Securities Inc. lifted its stake in Vanguard Russell 1000 Growth ETF by 1,558.1% in the third quarter. Sunbelt Securities Inc. now owns 713 shares of the company’s stock worth $69,000 after purchasing an additional 670 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of NASDAQ:VONG opened at $92.71 on Friday. The firm has a market capitalization of $22.48 billion, a PE ratio of 33.19 and a beta of 1.08. The business has a 50 day simple moving average of $101.45 and a two-hundred day simple moving average of $101.01. 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 Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.1366 per share. This represents a $0.55 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date was Tuesday, March 25th.

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.