Sovran Advisors LLC Takes $494,000 Position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Sovran Advisors LLC acquired a new position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 4,850 shares of the company’s stock, valued at approximately $494,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Eastern Bank bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 3rd quarter worth $35,000. Sound Income Strategies LLC boosted its position in shares of Vanguard Russell 1000 Growth ETF by 3,291.7% during the fourth quarter. Sound Income Strategies LLC now owns 407 shares of the company’s stock valued at $42,000 after buying an additional 395 shares during the last quarter. Coastline Trust Co purchased a new position in Vanguard Russell 1000 Growth ETF in the 3rd quarter worth about $46,000. Providence Capital Advisors LLC raised its position 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 worth $55,000 after buying an additional 257 shares during the last quarter. Finally, Eagle Bay Advisors LLC lifted its stake in Vanguard Russell 1000 Growth ETF by 140.7% during the 4th quarter. Eagle Bay Advisors LLC now owns 568 shares of the company’s stock valued at $59,000 after acquiring an additional 332 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Down 0.1 %

Shares of VONG stock opened at $105.72 on Thursday. The company has a 50 day moving average price of $105.22 and a 200-day moving average price of $99.25. Vanguard Russell 1000 Growth ETF has a 52 week low of $81.08 and a 52 week high of $107.96. The firm has a market capitalization of $25.64 billion, a PE ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were given a $0.1378 dividend. 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.