Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Shares Acquired by Spectrum Investment Advisors Inc.

Spectrum Investment Advisors Inc. increased its holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 3.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,979 shares of the company’s stock after buying an additional 952 shares during the period. Vanguard Russell 1000 Growth ETF comprises about 1.8% of Spectrum Investment Advisors Inc.’s holdings, making the stock its 11th largest position. Spectrum Investment Advisors Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $2,604,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of VONG. Signature Estate & Investment Advisors LLC raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 6.8% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 12,226 shares of the company’s stock valued at $1,180,000 after buying an additional 777 shares during the period. OneDigital Investment Advisors LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the third quarter worth approximately $255,000. Diversified Portfolios Inc. increased its position in shares of Vanguard Russell 1000 Growth ETF by 0.5% in the 3rd quarter. Diversified Portfolios Inc. now owns 37,190 shares of the company’s stock worth $3,590,000 after purchasing an additional 184 shares during the last quarter. Huntington National Bank raised its stake in Vanguard Russell 1000 Growth ETF by 46.4% during the third quarter. Huntington National Bank now owns 5,195 shares of the company’s stock valued at $501,000 after buying an additional 1,646 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 32.0% during the third quarter. Main Street Financial Solutions LLC now owns 18,452 shares of the company’s stock worth $1,781,000 after purchasing an additional 4,477 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG opened at $99.76 on Friday. The firm has a fifty day moving average of $97.10 and a 200-day moving average of $93.34. Vanguard Russell 1000 Growth ETF has a 1 year low of $73.71 and a 1 year high of $103.15. The company has a market cap of $23.25 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid 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%.

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.