Sagespring Wealth Partners LLC Buys Shares of 4,130 Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Sagespring Wealth Partners LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,130 shares of the company’s stock, valued at approximately $427,000.

Several other hedge funds have also recently bought and sold shares of VONG. LPL Financial LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 6.8% in the fourth quarter. LPL Financial LLC now owns 5,525,452 shares of the company’s stock valued at $570,779,000 after purchasing an additional 352,590 shares during the period. Envestnet Asset Management Inc. raised its stake in Vanguard Russell 1000 Growth ETF by 3.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,735,457 shares of the company’s stock valued at $385,873,000 after acquiring an additional 112,803 shares in the last quarter. Wells Fargo & Company MN boosted its position in Vanguard Russell 1000 Growth ETF by 11.7% during the 4th quarter. Wells Fargo & Company MN now owns 3,695,628 shares of the company’s stock worth $381,758,000 after acquiring an additional 386,910 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 $307,101,000. Finally, Commonwealth Equity Services LLC grew 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 purchasing an additional 151,225 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Down 0.2 %

Shares of NASDAQ VONG opened at $90.55 on Wednesday. The firm’s 50-day simple moving average is $96.80 and its 200 day simple moving average is $100.38. The stock has a market cap of $23.76 billion, a P/E ratio of 31.13 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $79.40 and a fifty-two week high of $107.97.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.1366 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend was Tuesday, March 25th.

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.