Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Shares Bought by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners increased its stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 75.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,597 shares of the company’s stock after acquiring an additional 24,401 shares during the period. Vanguard Russell 1000 Growth ETF makes up approximately 1.0% of Tennessee Valley Asset Management Partners’ investment portfolio, making the stock its 18th biggest position. Tennessee Valley Asset Management Partners’ holdings in Vanguard Russell 1000 Growth ETF were worth $5,309,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Citizens Financial Group Inc. RI boosted its stake in Vanguard Russell 1000 Growth ETF by 3.2% during the 1st quarter. Citizens Financial Group Inc. RI now owns 4,023 shares of the company’s stock valued at $349,000 after purchasing an additional 123 shares in the last quarter. Financial Advocates Investment Management lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 1.1% in the second quarter. Financial Advocates Investment Management now owns 12,158 shares of the company’s stock valued at $1,141,000 after buying an additional 127 shares during the period. Scotia Capital Inc. lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 5.0% in the fourth quarter. Scotia Capital Inc. now owns 3,148 shares of the company’s stock valued at $246,000 after buying an additional 149 shares during the period. Capital Planning LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 3.1% during the first quarter. Capital Planning LLC now owns 5,480 shares of the company’s stock worth $475,000 after acquiring an additional 164 shares during the period. Finally, LBJ Family Wealth Advisors Ltd. raised its position in Vanguard Russell 1000 Growth ETF by 1.6% in the first quarter. LBJ Family Wealth Advisors Ltd. now owns 13,648 shares of the company’s stock worth $1,183,000 after acquiring an additional 209 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 0.5 %

Shares of NASDAQ VONG opened at $94.42 on Friday. Vanguard Russell 1000 Growth ETF has a twelve month low of $65.85 and a twelve month high of $98.46. The firm has a 50-day moving average of $92.59 and a two-hundred day moving average of $89.57. The company has a market capitalization of $21.12 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were paid a dividend of $0.141 per share. This represents a $0.56 annualized dividend and a yield of 0.60%. The ex-dividend date of this dividend was Thursday, June 27th.

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.