Mezzasalma Advisors LLC Purchases 14,237 Shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Mezzasalma Advisors LLC increased its position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 375.3% during the 1st quarter, Holdings Channel reports. The firm owned 18,031 shares of the company’s stock after purchasing an additional 14,237 shares during the quarter. Vanguard Russell 1000 Growth ETF makes up approximately 0.7% of Mezzasalma Advisors LLC’s holdings, making the stock its 28th largest holding. Mezzasalma Advisors LLC’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,563,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VONG. Deane Retirement Strategies Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter worth about $26,000. Blue Trust Inc. boosted its stake in Vanguard Russell 1000 Growth ETF by 1,990.0% in the fourth quarter. Blue Trust Inc. now owns 418 shares of the company’s stock valued at $33,000 after acquiring an additional 398 shares during the last quarter. Financial Management Professionals Inc. bought a new position in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter valued at approximately $42,000. Principal Securities Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $44,000. Finally, SOA Wealth Advisors LLC. bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter worth approximately $44,000.

Vanguard Russell 1000 Growth ETF Stock Up 0.8 %

Vanguard Russell 1000 Growth ETF stock traded up $0.78 during trading on Thursday, hitting $96.23. The stock had a trading volume of 463,007 shares, compared to its average volume of 857,839. The stock’s 50 day moving average is $89.91 and its two-hundred day moving average is $85.21. Vanguard Russell 1000 Growth ETF has a 1 year low of $65.85 and a 1 year high of $96.26. The stock has a market cap of $21.35 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 declared a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were given a dividend of $0.141 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.59%.

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.