Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Reaches New 52-Week High at $85.89

The Vanguard Russell 1000 Growth ETF (NASDAQVONG) is a popular exchange-traded fund (ETF) that tracks the performance of the Russell 1000 Growth Index, which consists of large and mid-cap growth stocks listed on the NASDAQ Global Select Market. The index covers approximately 98% of the free float market capitalization in the US growth stock universe.

On August 25, 2021, the Vanguard Russell 1000 Growth ETF reached a new 52-week high of $85.89 per share. This means that the price of the ETF has increased by more than 13% since its previous 52-week low of $74.65, which was recorded on July 7, 2021.

The growth stocks in the Russell 1000 Growth Index are typically companies that have high earnings growth potential and are expected to continue growing at a faster rate than the overall market. This has made them popular among investors who are looking for long-term capital appreciation.

It's worth noting that the performance of individual stocks, including ETFs, can be affected by a variety of factors, including economic conditions, industry trends, and company-specific news. As such, it's important for investors to conduct their own research and consider seeking advice from a financial advisor before making any investment decisions.