Life Planning Partners Inc Takes $49.19 Million Position in Vanguard Growth ETF (NYSEARCA:VUG)

Life Planning Partners Inc purchased a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 119,848 shares of the company’s stock, valued at approximately $49,190,000. Vanguard Growth ETF makes up approximately 6.9% of Life Planning Partners Inc’s portfolio, making the stock its largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Decker Retirement Planning Inc. acquired a new position in shares of Vanguard Growth ETF during the fourth quarter worth $28,000. Human Investing LLC purchased a new stake in Vanguard Growth ETF during the 4th quarter worth $28,000. Cardinal Strategic Wealth Guidance acquired a new position in Vanguard Growth ETF in the 4th quarter worth $33,000. Providence First Trust Co purchased a new position in Vanguard Growth ETF in the 4th quarter valued at about $33,000. Finally, Global Trust Asset Management LLC grew its stake in shares of 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 valued at $34,000 after acquiring an additional 75 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $370.43 on Friday. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $429.11. The stock’s 50-day simple moving average is $404.29 and its 200-day simple moving average is $402.11. 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 firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, March 27th. This is a positive change from Vanguard Growth ETF’s previous dividend of $0.46.

About Vanguard Growth ETF

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.