Partners in Financial Planning Acquires Shares of 143,602 Vanguard Growth ETF (NYSEARCA:VUG)

Partners in Financial Planning bought a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 143,602 shares of the company’s stock, valued at approximately $58,940,000. Vanguard Growth ETF accounts for about 12.0% of Partners in Financial Planning’s holdings, making the stock its 2nd largest holding.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Decker Retirement Planning Inc. purchased a new stake in Vanguard Growth ETF during the 4th quarter valued at approximately $28,000. Human Investing LLC acquired a new position in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $28,000. Cardinal Strategic Wealth Guidance purchased a new stake in shares of Vanguard Growth ETF during the fourth quarter worth approximately $33,000. Providence First Trust Co acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter worth $33,000. Finally, Global Trust Asset Management LLC lifted its holdings 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 worth $34,000 after purchasing an additional 75 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $370.43 on Monday. The stock has a market capitalization of $367.11 billion, a P/E ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $429.11. The company’s fifty day moving average is $404.29 and its two-hundred day moving average is $402.33.

Vanguard Growth ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be paid 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.

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.