Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sees Strong Trading Volume – What’s Next?

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw strong trading volume on Thursday . 5,111,268 shares changed hands during mid-day trading, an increase of 488% from the previous session’s volume of 869,388 shares.The stock last traded at $97.23 and had previously closed at $99.84.

Vanguard Russell 1000 Growth ETF Price Performance

The company’s 50-day simple moving average is $104.47 and its two-hundred day simple moving average is $100.74. The firm has a market capitalization of $23.54 billion, a P/E ratio of 36.54 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. Stockholders of record on Monday, December 23rd were given a dividend of $0.1378 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Sound Income Strategies LLC increased its stake 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 worth $42,000 after purchasing an additional 395 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the 4th quarter valued at approximately $42,000. Coastline Trust Co acquired a new position in Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $46,000. Investment Counsel Co. of Nevada purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at about $51,000. Finally, Providence Capital Advisors LLC increased its position in shares of Vanguard Russell 1000 Growth ETF by 83.2% during the third quarter. Providence Capital Advisors LLC now owns 566 shares of the company’s stock worth $55,000 after purchasing an additional 257 shares in the last quarter.

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.