Absolute Capital Management LLC Buys Shares of 1,955 Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Absolute Capital Management LLC bought a new stake in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,955 shares of the company’s stock, valued at approximately $204,000.

A number of other institutional investors also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 10.3% in the third quarter. LPL Financial LLC now owns 5,172,862 shares of the company’s stock valued at $499,285,000 after acquiring an additional 481,895 shares during the period. Raymond James Financial Inc. bought a new position in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter worth about $307,101,000. Commonwealth Equity Services LLC raised its stake in shares of Vanguard Russell 1000 Growth ETF by 7.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,206,093 shares of the company’s stock worth $227,889,000 after buying an additional 151,225 shares during the period. Truist Financial Corp raised its stake in shares of Vanguard Russell 1000 Growth ETF by 6.2% in the fourth quarter. Truist Financial Corp now owns 1,901,524 shares of the company’s stock worth $196,427,000 after buying an additional 111,662 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter worth about $180,769,000.

Vanguard Russell 1000 Growth ETF Stock Down 0.3 %

NASDAQ VONG opened at $94.85 on Friday. The stock’s 50-day moving average price is $102.34 and its 200-day moving average price is $100.75. Vanguard Russell 1000 Growth ETF has a 52 week low of $81.08 and a 52 week high of $107.97. The company has a market capitalization of $23.00 billion, a P/E ratio of 33.19 and a beta of 1.08.

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.