Sanctuary Wealth Management L.L.C. Purchases New Shares in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG)

Sanctuary Wealth Management L.L.C. acquired a new position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 105,322 shares of the company’s stock, valued at approximately $10,880,000. Vanguard Russell 1000 Growth ETF makes up 7.2% of Sanctuary Wealth Management L.L.C.’s holdings, making the stock its 4th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 3,291.7% during the 4th quarter. Sound Income Strategies LLC now owns 407 shares of the company’s stock valued at $42,000 after buying an additional 395 shares during the last quarter. Eagle Bay Advisors LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 140.7% during the 4th quarter. Eagle Bay Advisors LLC now owns 568 shares of the company’s stock valued at $59,000 after acquiring an additional 332 shares during the last quarter. Providence First Trust Co bought a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $62,000. WASHINGTON TRUST Co grew its holdings in Vanguard Russell 1000 Growth ETF by 222.5% during the 4th quarter. WASHINGTON TRUST Co now owns 645 shares of the company’s stock worth $67,000 after acquiring an additional 445 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its position in shares of Vanguard Russell 1000 Growth ETF by 1,558.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 713 shares of the company’s stock worth $69,000 after purchasing an additional 670 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of Vanguard Russell 1000 Growth ETF stock opened at $92.71 on Friday. The firm has a market cap of $22.48 billion, a PE ratio of 33.19 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 1 year low of $81.08 and a 1 year high of $107.97. The firm’s 50-day simple moving average is $101.45 and its 200-day simple moving average is $101.01.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.1366 per share. This represents a $0.55 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date was Tuesday, March 25th.

Vanguard Russell 1000 Growth ETF 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.