Modera Wealth Management LLC Raises Stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Modera Wealth Management LLC increased its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 0.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 483,195 shares of the company’s stock after purchasing an additional 2,079 shares during the quarter. Modera Wealth Management LLC owned 0.21% of Vanguard Russell 1000 Growth ETF worth $46,638,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Abound Wealth Management purchased a new position in Vanguard Russell 1000 Growth ETF in the second quarter valued at about $27,000. Rothschild Investment LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at approximately $31,000. Stuart Chaussee & Associates Inc. acquired a new position in Vanguard Russell 1000 Growth ETF during the first quarter worth $35,000. Mather Group LLC. purchased a new stake in Vanguard Russell 1000 Growth ETF during the second quarter worth $35,000. Finally, Eastern Bank purchased a new stake in Vanguard Russell 1000 Growth ETF during the third quarter worth $35,000.

Vanguard Russell 1000 Growth ETF Stock Up 0.5 %

Shares of VONG stock opened at $98.61 on Friday. The stock has a market cap of $22.98 billion, a P/E ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $65.85 and a fifty-two week high of $99.38. The business has a fifty day simple moving average of $95.28 and a 200-day simple moving average of $91.83.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.139 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.56 annualized dividend and a yield of 0.56%.

About Vanguard Russell 1000 Growth ETF

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.