Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Reaches New 52-Week High – Here’s Why

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $103.31 and last traded at $103.18, with a volume of 94231 shares traded. The stock had previously closed at $102.57.

Vanguard Russell 1000 Growth ETF Trading Up 0.8 %

The company’s 50 day moving average is $98.89 and its 200-day moving average is $94.67. The company has a market capitalization of $24.08 billion, a P/E ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.139 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.56 annualized dividend and a dividend yield of 0.54%.

Institutional Trading of Vanguard Russell 1000 Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of VONG. Abound Wealth Management bought a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at about $27,000. Rothschild Investment LLC bought a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at about $31,000. Mather Group LLC. bought a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at about $35,000. Eastern Bank bought a new stake in Vanguard Russell 1000 Growth ETF during the 3rd quarter valued at about $35,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at about $46,000.

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.