Princeton Global Asset Management LLC Makes New Investment in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Princeton Global Asset Management LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 10,952 shares of the company’s stock, valued at approximately $1,057,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Abound Wealth Management bought a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter worth approximately $27,000. Rothschild Investment LLC bought a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter worth approximately $31,000. Eastern Bank bought a new stake in Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $35,000. Mather Group LLC. bought a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter worth approximately $35,000. Finally, Stuart Chaussee & Associates Inc. bought a new stake in Vanguard Russell 1000 Growth ETF during the 1st quarter worth approximately $35,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG opened at $96.91 on Friday. The stock has a 50 day moving average price of $95.64 and a two-hundred day moving average price of $92.28. The firm has a market capitalization of $22.58 billion, a P/E ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 52 week low of $69.16 and a 52 week high of $99.84.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.139 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.57%.

Vanguard Russell 1000 Growth ETF Company 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.