Southeast Asset Advisors LLC Sells 7,965 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Southeast Asset Advisors LLC lowered its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 15.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 43,192 shares of the company’s stock after selling 7,965 shares during the period. Vanguard S&P 500 ETF accounts for 2.9% of Southeast Asset Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Southeast Asset Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $23,273,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC raised its position in shares of Vanguard S&P 500 ETF by 22,099.4% in the 4th quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock worth $19,422,195,000 after buying an additional 35,884,088 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Vanguard S&P 500 ETF in the 4th quarter worth about $14,232,829,000. California Public Employees Retirement System acquired a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at about $9,202,879,000. Strategic Financial Concepts LLC grew its holdings in shares of Vanguard S&P 500 ETF by 62,488.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock worth $5,393,342,000 after purchasing an additional 9,993,736 shares during the period. Finally, Kedalion Capital Management LLP acquired a new stake in Vanguard S&P 500 ETF during the 4th quarter worth approximately $2,424,795,000.

Vanguard S&P 500 ETF Stock Down 5.8 %

Shares of VOO stock opened at $465.52 on Monday. Vanguard S&P 500 ETF has a fifty-two week low of $444.02 and a fifty-two week high of $563.92. The firm’s 50 day moving average price is $536.06 and its two-hundred day moving average price is $539.41. The stock has a market cap of $1.31 trillion, a price-to-earnings ratio of 24.79 and a beta of 1.01.

Vanguard S&P 500 ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $1.8121 per share. This is a positive change from Vanguard S&P 500 ETF’s previous dividend of $1.78. The ex-dividend date was Thursday, March 27th.

About Vanguard S&P 500 ETF

Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks.