Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sets New 1-Year High – Still a Buy?

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $99.89 and last traded at $99.89, with a volume of 26256 shares traded. The stock had previously closed at $98.04.

Vanguard Russell 1000 Growth ETF Stock Performance

The stock has a 50-day moving average of $96.09 and a two-hundred day moving average of $92.68. The company has a market cap of $23.82 billion, a P/E 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, September 30th. Investors of record on Thursday, September 26th were given a $0.139 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date was Thursday, September 26th.

Hedge Funds Weigh In On Vanguard Russell 1000 Growth ETF

Large investors have recently added to or reduced their stakes in the business. Fifth Third Wealth Advisors LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 27.8% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 36,032 shares of the company’s stock worth $3,478,000 after acquiring an additional 7,840 shares during the last quarter. Caprock Group LLC bought a new stake in Vanguard Russell 1000 Growth ETF in the 3rd quarter worth $207,000. Pathstone Holdings LLC grew its holdings in Vanguard Russell 1000 Growth ETF by 3.5% in the 3rd quarter. Pathstone Holdings LLC now owns 756,108 shares of the company’s stock worth $72,980,000 after acquiring an additional 25,548 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter valued at about $1,169,000. Finally, EQ LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 2.2% during the 3rd quarter. EQ LLC now owns 6,480 shares of the company’s stock valued at $625,000 after purchasing an additional 141 shares in the last quarter.

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.