Abound Wealth Management Takes Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Abound Wealth Management bought a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 293 shares of the company’s stock, valued at approximately $27,000.

Other hedge funds also recently added to or reduced their stakes in the company. Deane Retirement Strategies Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the first quarter worth $26,000. Rothschild Investment LLC purchased a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter worth about $31,000. Mather Group LLC. purchased a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter worth about $35,000. Stuart Chaussee & Associates Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF in the 1st quarter valued at about $35,000. Finally, YHB Investment Advisors Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at about $35,000.

Vanguard Russell 1000 Growth ETF Stock Performance

VONG stock opened at $94.42 on Monday. The company’s 50 day moving average price is $92.59 and its 200 day moving average price is $89.60. The firm 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 has a fifty-two week low of $65.85 and a fifty-two week high of $98.46.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were issued 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.

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.