Concourse Financial Group Securities Inc. Has $1.65 Million Stock Holdings in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Concourse Financial Group Securities Inc. boosted its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 907.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,168 shares of the company’s stock after purchasing an additional 19,066 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in Vanguard Russell 1000 Growth ETF were worth $1,652,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VONG. Blue Trust Inc. lifted its holdings in Vanguard Russell 1000 Growth ETF by 1,990.0% during the 4th quarter. Blue Trust Inc. now owns 418 shares of the company’s stock worth $33,000 after purchasing an additional 398 shares during the last quarter. AlphaCore Capital LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the third quarter valued at about $40,000. Tompkins Financial Corp bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $49,000. Valley National Advisers Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $75,000. Finally, NBC Securities Inc. bought a new position in Vanguard Russell 1000 Growth ETF during the third quarter worth about $88,000.

Vanguard Russell 1000 Growth ETF Price Performance

Vanguard Russell 1000 Growth ETF stock traded up $0.29 during midday trading on Thursday, hitting $86.52. The company’s stock had a trading volume of 470,658 shares, compared to its average volume of 841,470. The company has a 50-day moving average price of $85.31 and a two-hundred day moving average price of $80.12. Vanguard Russell 1000 Growth ETF has a 1-year low of $63.34 and a 1-year high of $87.75. The company has a market cap of $19.23 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were paid a $0.155 dividend. This represents a $0.62 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend was Thursday, March 21st.

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.