Life Planning Partners Inc Invests $32 Million in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Life Planning Partners Inc purchased a new stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 114,264 shares of the company’s stock, valued at approximately $32,001,000. Vanguard Small-Cap Growth ETF comprises about 4.5% of Life Planning Partners Inc’s investment portfolio, making the stock its 4th largest holding. Life Planning Partners Inc owned about 0.17% of Vanguard Small-Cap Growth ETF as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. raised its holdings in shares of Vanguard Small-Cap Growth ETF by 3.6% in the fourth quarter. Assetmark Inc. now owns 1,459,084 shares of the company’s stock worth $408,631,000 after buying an additional 51,314 shares during the period. Essential Planning LLC. increased its stake in Vanguard Small-Cap Growth ETF by 6,143.5% in the fourth quarter. Essential Planning LLC. now owns 1,109,409 shares of the company’s stock worth $313,304,000 after purchasing an additional 1,091,640 shares during the period. Corient Private Wealth LLC lifted its position in shares of Vanguard Small-Cap Growth ETF by 0.9% during the fourth quarter. Corient Private Wealth LLC now owns 951,395 shares of the company’s stock worth $266,448,000 after purchasing an additional 8,713 shares during the last quarter. Sei Investments Co. lifted its position in shares of Vanguard Small-Cap Growth ETF by 0.3% during the fourth quarter. Sei Investments Co. now owns 876,081 shares of the company’s stock worth $245,326,000 after purchasing an additional 2,508 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of Vanguard Small-Cap Growth ETF by 9.2% during the fourth quarter. LPL Financial LLC now owns 746,067 shares of the company’s stock valued at $208,943,000 after purchasing an additional 62,635 shares during the period.

Vanguard Small-Cap Growth ETF Price Performance

VBK stock opened at $252.97 on Friday. Vanguard Small-Cap Growth ETF has a 12 month low of $233.00 and a 12 month high of $304.59. The firm’s 50-day moving average is $276.48 and its 200 day moving average is $278.90. The company has a market capitalization of $67.95 billion, a PE ratio of 23.69 and a beta of 1.20.

Vanguard Small-Cap Growth ETF Cuts 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 $0.4013 per share. The ex-dividend date is Thursday, March 27th.

About Vanguard Small-Cap Growth ETF

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