Hurley Capital LLC Makes New $8.44 Million Investment in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Hurley Capital LLC bought a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 80,575 shares of the company’s stock, valued at approximately $8,443,000. Vanguard Russell 1000 Growth ETF comprises approximately 6.8% of Hurley Capital LLC’s investment portfolio, making the stock its 2nd biggest position.

A number of other hedge funds have also recently made changes to their positions in VONG. Lokken Investment Group LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 1.8% in the fourth quarter. Lokken Investment Group LLC now owns 5,420 shares of the company’s stock valued at $560,000 after purchasing an additional 96 shares during the period. Axxcess Wealth Management LLC grew its position in shares of Vanguard Russell 1000 Growth ETF by 4.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 2,204 shares of the company’s stock valued at $228,000 after buying an additional 99 shares during the last quarter. Roffman Miller Associates Inc. PA increased its stake in shares of Vanguard Russell 1000 Growth ETF by 0.3% in the third quarter. Roffman Miller Associates Inc. PA now owns 36,996 shares of the company’s stock valued at $3,571,000 after buying an additional 103 shares during the period. Black Point Wealth Management increased its stake in shares of Vanguard Russell 1000 Growth ETF by 1.0% in the fourth quarter. Black Point Wealth Management now owns 12,191 shares of the company’s stock valued at $1,259,000 after buying an additional 126 shares during the period. Finally, Bogart Wealth LLC raised its position in shares of Vanguard Russell 1000 Growth ETF by 2.7% during the fourth quarter. Bogart Wealth LLC now owns 6,790 shares of the company’s stock worth $701,000 after acquiring an additional 181 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of VONG stock opened at $83.88 on Friday. The stock has a market capitalization of $22.01 billion, a PE ratio of 31.13 and a beta of 1.08. The business’s 50 day simple moving average is $99.90 and its 200 day simple moving average is $100.85. Vanguard Russell 1000 Growth ETF has a one year low of $81.08 and a one year high of $107.97.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.1366 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date of this dividend was Tuesday, March 25th.

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.