Rialto Wealth Management LLC Makes New $285,000 Investment in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Rialto Wealth Management LLC bought a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,760 shares of the company’s stock, valued at approximately $285,000.

Other large investors have also made changes to their positions in the company. LPL Financial LLC boosted its position in Vanguard Russell 1000 Growth ETF by 10.3% in the third quarter. LPL Financial LLC now owns 5,172,862 shares of the company’s stock valued at $499,285,000 after buying an additional 481,895 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at approximately $307,101,000. Truist Financial Corp boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 6.2% in the 4th quarter. Truist Financial Corp now owns 1,901,524 shares of the company’s stock worth $196,427,000 after acquiring an additional 111,662 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $180,769,000. Finally, HighTower Advisors LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 1.0% during the 3rd quarter. HighTower Advisors LLC now owns 1,442,212 shares of the company’s stock valued at $139,179,000 after purchasing an additional 13,670 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG opened at $97.52 on Friday. The company has a market cap of $23.65 billion, a price-to-earnings ratio of 36.54 and a beta of 1.08. The stock has a fifty day moving average price of $104.11 and a two-hundred day moving average price of $100.74. Vanguard Russell 1000 Growth ETF has a 52-week low of $81.08 and a 52-week high of $107.97.

Vanguard Russell 1000 Growth ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were issued a $0.1378 dividend. The ex-dividend date 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.