WCG Wealth Advisors LLC Makes New $1.04 Million Investment in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

WCG Wealth Advisors LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,072 shares of the company’s stock, valued at approximately $1,039,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Abound Wealth Management purchased a new stake in Vanguard Russell 1000 Growth ETF during the second quarter worth about $27,000. Deane Retirement Strategies Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF during the first quarter worth about $26,000. Rothschild Investment LLC purchased a new stake in Vanguard Russell 1000 Growth ETF during the second quarter worth about $31,000. Mather Group LLC. purchased a new stake in Vanguard Russell 1000 Growth ETF during the second quarter worth about $35,000. Finally, Stuart Chaussee & Associates Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF during the first quarter worth about $35,000.

Vanguard Russell 1000 Growth ETF Stock Performance

VONG stock opened at $96.11 on Friday. The company’s 50 day moving average price is $92.37 and its 200 day moving average price is $89.79. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $65.85 and a fifty-two week high of $98.46. The firm has a market capitalization of $21.50 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, July 1st. Investors of record on Thursday, June 27th were paid a dividend of $0.141 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.59%.

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.