GEM Asset Management LLC Has $4.43 Million Stock Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

GEM Asset Management LLC increased its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 9.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 42,841 shares of the company’s stock after buying an additional 3,738 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up 2.5% of GEM Asset Management LLC’s investment portfolio, making the stock its 13th largest holding. GEM Asset Management LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $4,426,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Eastern Bank acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the third quarter worth approximately $35,000. Sound Income Strategies LLC raised its stake in Vanguard Russell 1000 Growth ETF by 3,291.7% during the 4th quarter. Sound Income Strategies LLC now owns 407 shares of the company’s stock valued at $42,000 after purchasing an additional 395 shares during the last quarter. Coastline Trust Co bought a new stake in Vanguard Russell 1000 Growth ETF in the 3rd quarter valued at $46,000. Providence Capital Advisors LLC boosted its holdings in Vanguard Russell 1000 Growth ETF by 83.2% in the 3rd quarter. Providence Capital Advisors LLC now owns 566 shares of the company’s stock valued at $55,000 after purchasing an additional 257 shares during the period. Finally, Eagle Bay Advisors LLC grew its position in Vanguard Russell 1000 Growth ETF by 140.7% in the 4th quarter. Eagle Bay Advisors LLC now owns 568 shares of the company’s stock worth $59,000 after purchasing an additional 332 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

NASDAQ:VONG opened at $105.87 on Wednesday. The firm’s 50-day moving average is $105.18 and its 200-day moving average is $99.15. Vanguard Russell 1000 Growth ETF has a 52-week low of $81.08 and a 52-week high of $107.96. The company has a market cap of $25.67 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were paid a dividend of $0.1378 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.