Vanguard Russell 1000 Growth ETF Sees Significant $302.8 Million Inflow
This week, the Vanguard Russell 1000 Growth ETF (Symbol: VONG) has emerged as a notable highlight in ETF Channel’s analysis. The fund experienced an inflow of approximately $302.8 million, translating to a 1.2% week-over-week increase in outstanding units, rising from 236,406,844 to 239,256,844. Among VONG’s major holdings, Apple Inc (Symbol: AAPL) has risen roughly 0.6% today, while Alphabet Inc (Symbol: GOOG) remains steady, and Applied Materials, Inc. (Symbol: AMAT) is up about 0.8%. For details on all holdings, visit the VONG Holdings page.
The chart below illustrates VONG’s price performance over the past year compared to its 200-day moving average:
According to the chart, VONG’s share price has a 52-week low of $75.2854 and a high of $106.29, with the most recent trade recorded at $105.64. Analyzing the current share price against the 200-day moving average can provide useful insights into trading patterns.
Exchange traded funds (ETFs) function similarly to stocks, but investors buy and sell “units” rather than “shares.” These units can be exchanged like stocks and can also be created or removed based on market demand. Each week, we track changes in shares outstanding to identify ETFs that are experiencing significant inflows or outflows. When new units are created, the ETF must purchase more underlying assets. Conversely, if units are removed, the ETF sells off some assets, which can influence the price of these individual stocks.
Click here to discover which 9 other ETFs had notable inflows.
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