Life Planning Partners Inc Makes New $17.65 Million Investment in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Life Planning Partners Inc bought a new position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) during the 4th quarter, HoldingsChannel.com reports. The fund bought 66,825 shares of the company’s stock, valued at approximately $17,650,000. Vanguard Mid-Cap ETF makes up approximately 2.5% of Life Planning Partners Inc’s holdings, making the stock its 7th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VO. Silverleafe Capital Partners LLC raised its position in Vanguard Mid-Cap ETF by 31.7% in the fourth quarter. Silverleafe Capital Partners LLC now owns 15,886 shares of the company’s stock worth $4,196,000 after acquiring an additional 3,820 shares during the period. DeDora Capital Inc. increased its stake in shares of Vanguard Mid-Cap ETF by 2.2% during the 4th quarter. DeDora Capital Inc. now owns 8,321 shares of the company’s stock worth $2,198,000 after purchasing an additional 176 shares during the last quarter. Spinnaker Trust lifted its stake in Vanguard Mid-Cap ETF by 0.9% in the fourth quarter. Spinnaker Trust now owns 20,637 shares of the company’s stock valued at $5,451,000 after purchasing an additional 176 shares during the last quarter. Next Level Wealth Planning LLC bought a new position in Vanguard Mid-Cap ETF during the fourth quarter valued at $12,593,000. Finally, Axis Wealth Partners LLC purchased a new stake in Vanguard Mid-Cap ETF in the fourth quarter worth $282,000.

Vanguard Mid-Cap ETF Price Performance

Shares of VO opened at $257.12 on Friday. Vanguard Mid-Cap ETF has a 1 year low of $234.18 and a 1 year high of $285.60. The stock’s fifty day moving average price is $269.14 and its two-hundred day moving average price is $269.24. The firm has a market cap of $255.06 billion, a PE ratio of 21.44 and a beta of 1.11.

Vanguard Mid-Cap ETF Increases Dividend

The firm 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 $1.1671 per share. The ex-dividend date of this dividend is Thursday, March 27th. This is a positive change from Vanguard Mid-Cap ETF’s previous dividend of $0.93.

About Vanguard Mid-Cap ETF

Vanguard Mid-Cap ETF is an exchange-traded fund. Vanguard Mid-Cap Index Fund seeks to track the performance of the MSCI US Mid Cap 450 Index representing medium-size United States firms. The portfolio holds all stocks in the same capitalization weighting as the index. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.