Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sees Large Volume Increase – Time to Buy?

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw unusually-strong trading volume on Wednesday . Approximately 4,474,657 shares were traded during trading, an increase of 392% from the previous session’s volume of 908,803 shares.The stock last traded at $95.15 and had previously closed at $93.45.

Vanguard Russell 1000 Growth ETF Price Performance

The company’s 50-day moving average is $103.70 and its 200-day moving average is $100.81. The firm has a market capitalization of $22.97 billion, a price-to-earnings ratio of 36.54 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.1378 per share. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

Institutional investors have recently added to or reduced their stakes in the company. Axxcess Wealth Management LLC purchased a new stake in Vanguard Russell 1000 Growth ETF during the third quarter worth approximately $203,000. Apollon Wealth Management LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 1.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 732,825 shares of the company’s stock valued at $70,732,000 after purchasing an additional 10,658 shares in the last quarter. Harbour Investments Inc. raised its position in Vanguard Russell 1000 Growth ETF by 8.6% in the third quarter. Harbour Investments Inc. now owns 17,153 shares of the company’s stock valued at $1,656,000 after purchasing an additional 1,355 shares during the period. Prime Capital Investment Advisors LLC lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 35.9% during the third quarter. Prime Capital Investment Advisors LLC now owns 21,261 shares of the company’s stock worth $2,052,000 after purchasing an additional 5,622 shares in the last quarter. Finally, Pinnacle Financial Partners Inc boosted its position in shares of Vanguard Russell 1000 Growth ETF by 5.9% in the third quarter. Pinnacle Financial Partners Inc now owns 69,863 shares of the company’s stock worth $6,743,000 after buying an additional 3,876 shares during the period.

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.