Vanguard Growth ETF (NYSEARCA:VUG) Stock Position Raised by Sanctuary Wealth Management L.L.C.

Sanctuary Wealth Management L.L.C. lifted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 81.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,677 shares of the company’s stock after buying an additional 3,457 shares during the quarter. Vanguard Growth ETF comprises 2.1% of Sanctuary Wealth Management L.L.C.’s investment portfolio, making the stock its 15th largest holding. Sanctuary Wealth Management L.L.C.’s holdings in Vanguard Growth ETF were worth $3,151,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VUG. Decker Retirement Planning Inc. bought a new position in Vanguard Growth ETF during the fourth quarter valued at about $28,000. Human Investing LLC acquired a new position in shares of Vanguard Growth ETF during the 4th quarter valued at about $28,000. Cardinal Strategic Wealth Guidance bought a new position in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $33,000. Providence First Trust Co acquired a new stake in Vanguard Growth ETF in the 4th quarter worth approximately $33,000. Finally, Global Trust Asset Management LLC boosted its position in Vanguard Growth ETF by 1,071.4% during the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the period.

Vanguard Growth ETF Stock Down 2.7 %

NYSEARCA:VUG opened at $370.43 on Friday. The company’s 50 day moving average is $404.29 and its 200-day moving average is $402.11. Vanguard Growth ETF has a 12 month low of $321.29 and a 12 month high of $429.11. The firm has a market cap of $367.11 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14.

Vanguard Growth ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be given a dividend of $0.50 per share. This is a positive change from Vanguard Growth ETF’s previous dividend of $0.46. The ex-dividend date is Thursday, March 27th.

Vanguard Growth ETF Profile

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