Raymond James Financial Inc. Purchases Shares of 2,972,904 Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Raymond James Financial Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 4th quarter, HoldingsChannel reports. The firm acquired 2,972,904 shares of the company’s stock, valued at approximately $307,101,000.

Several other hedge funds also recently modified their holdings of VONG. Janney Montgomery Scott LLC bought a new stake in Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $180,769,000. LPL Financial LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 10.3% during the third quarter. LPL Financial LLC now owns 5,172,862 shares of the company’s stock worth $499,285,000 after purchasing an additional 481,895 shares during the last quarter. MidWestOne Financial Group Inc. increased its stake in shares of Vanguard Russell 1000 Growth ETF by 209.2% in the third quarter. MidWestOne Financial Group Inc. now owns 271,622 shares of the company’s stock valued at $26,217,000 after buying an additional 183,789 shares in the last quarter. Mesirow Financial Investment Management Inc. raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 98.0% in the third quarter. Mesirow Financial Investment Management Inc. now owns 336,200 shares of the company’s stock valued at $32,450,000 after buying an additional 166,380 shares during the last quarter. Finally, Pacific Life Fund Advisors LLC raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 49.2% in the fourth quarter. Pacific Life Fund Advisors LLC now owns 386,165 shares of the company’s stock valued at $39,891,000 after buying an additional 127,266 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Trading Down 2.8 %

VONG opened at $97.08 on Friday. Vanguard Russell 1000 Growth ETF has a 1-year low of $81.08 and a 1-year high of $107.97. The stock has a market capitalization of $23.54 billion, a PE ratio of 36.54 and a beta of 1.08. The firm has a 50-day moving average price of $104.27 and a two-hundred day moving average price of $100.72.

Vanguard Russell 1000 Growth ETF Announces Dividend

The business 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 of this dividend 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.