162,383 Shares in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Purchased by RFG Bristol Wealth Advisors LLC

RFG Bristol Wealth Advisors LLC bought a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the fourth quarter, HoldingsChannel.com reports. The fund bought 162,383 shares of the company’s stock, valued at approximately $16,774,000. Vanguard Russell 1000 Growth ETF comprises 5.5% of RFG Bristol Wealth Advisors LLC’s holdings, making the stock its 2nd biggest holding.

Several other institutional investors also recently made changes to their positions in the stock. Lokken Investment Group LLC boosted its position in Vanguard Russell 1000 Growth ETF by 1.8% during the 4th quarter. Lokken Investment Group LLC now owns 5,420 shares of the company’s stock valued at $560,000 after purchasing an additional 96 shares during the period. Axxcess Wealth Management LLC boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 4.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 2,204 shares of the company’s stock valued at $228,000 after acquiring an additional 99 shares during the period. Roffman Miller Associates Inc. PA grew its position in shares of Vanguard Russell 1000 Growth ETF by 0.3% during the third quarter. Roffman Miller Associates Inc. PA now owns 36,996 shares of the company’s stock worth $3,571,000 after acquiring an additional 103 shares during the last quarter. Black Point Wealth Management increased its holdings in shares of Vanguard Russell 1000 Growth ETF by 1.0% in the 4th quarter. Black Point Wealth Management now owns 12,191 shares of the company’s stock worth $1,259,000 after acquiring an additional 126 shares during the period. Finally, Bogart Wealth LLC lifted its position in Vanguard Russell 1000 Growth ETF by 2.7% in the 4th quarter. Bogart Wealth LLC now owns 6,790 shares of the company’s stock valued at $701,000 after purchasing an additional 181 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Trading Up 1.0 %

NASDAQ VONG opened at $93.69 on Wednesday. The company has a 50-day moving average price of $100.98 and a two-hundred day moving average price of $101.05. Vanguard Russell 1000 Growth ETF has a 52 week low of $81.08 and a 52 week high of $107.97. The stock has a market cap of $22.72 billion, a price-to-earnings ratio of 31.13 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.1366 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date was Tuesday, March 25th.

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.