Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sets New 1-Year High at $88.82

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $88.82 and last traded at $88.72, with a volume of 357571 shares trading hands. The stock had previously closed at $88.68.

Vanguard Russell 1000 Growth ETF Stock Performance

The company has a 50 day simple moving average of $85.74 and a 200 day simple moving average of $81.46. The company has a market capitalization of $19.62 billion, a PE ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were given a $0.155 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.70%.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

A number of large investors have recently made changes to their positions in VONG. Deane Retirement Strategies Inc. acquired a new position in Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $26,000. Stuart Chaussee & Associates Inc. acquired a new position in Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $35,000. YHB Investment Advisors Inc. acquired a new position in Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $35,000. Blue Trust Inc. lifted its holdings in Vanguard Russell 1000 Growth ETF by 1,990.0% in the fourth quarter. Blue Trust Inc. now owns 418 shares of the company’s stock valued at $33,000 after acquiring an additional 398 shares during the last quarter. Finally, Financial Management Professionals Inc. acquired a new position in Vanguard Russell 1000 Growth ETF in the first quarter valued at approximately $42,000.

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.