Sagespring Wealth Partners LLC Makes New $567,000 Investment in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT)

Sagespring Wealth Partners LLC purchased a new stake in shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,236 shares of the company’s stock, valued at approximately $567,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Assetmark Inc. grew its position in Vanguard Mid-Cap Growth ETF by 4.7% in the 4th quarter. Assetmark Inc. now owns 2,288,077 shares of the company’s stock worth $580,600,000 after purchasing an additional 102,332 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in Vanguard Mid-Cap Growth ETF by 26,367.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,856,460 shares of the company’s stock valued at $471,077,000 after acquiring an additional 1,849,446 shares during the period. Wells Fargo & Company MN raised its holdings in Vanguard Mid-Cap Growth ETF by 7.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,374,808 shares of the company’s stock valued at $348,857,000 after acquiring an additional 95,821 shares in the last quarter. Wealthfront Advisers LLC lifted its position in shares of Vanguard Mid-Cap Growth ETF by 8,892.5% in the 4th quarter. Wealthfront Advisers LLC now owns 706,000 shares of the company’s stock worth $179,148,000 after acquiring an additional 698,149 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in shares of Vanguard Mid-Cap Growth ETF by 2.2% during the 4th quarter. Jones Financial Companies Lllp now owns 699,325 shares of the company’s stock worth $177,454,000 after purchasing an additional 15,146 shares in the last quarter.

Vanguard Mid-Cap Growth ETF Trading Up 1.1 %

VOT opened at $235.61 on Tuesday. The stock’s 50 day simple moving average is $250.90 and its 200-day simple moving average is $256.49. The stock has a market cap of $14.32 billion, a PE ratio of 28.69 and a beta of 1.17. Vanguard Mid-Cap Growth ETF has a 1 year low of $209.64 and a 1 year high of $277.35.

Vanguard Mid-Cap Growth ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.4516 dividend. This is a boost from Vanguard Mid-Cap Growth ETF’s previous dividend of $0.39. The ex-dividend date of this dividend was Thursday, March 27th.

About Vanguard Mid-Cap Growth ETF

Vanguard Mid-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Mid-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Mid Cap Growth Index (the Index). The Index is a diversified index of growth stocks of medium-size United States companies.