Sand Hill Global Advisors LLC Has $262.37 Million Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Sand Hill Global Advisors LLC cut its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 486,952 shares of the company’s stock after selling 36,576 shares during the period. Vanguard S&P 500 ETF accounts for approximately 11.1% of Sand Hill Global Advisors LLC’s portfolio, making the stock its largest position. Sand Hill Global Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $262,374,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of VOO. Nova R Wealth Inc. purchased a new position in shares of Vanguard S&P 500 ETF in the 4th quarter worth $200,000. LM Advisors LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 5.6% in the 4th quarter. LM Advisors LLC now owns 77,219 shares of the company’s stock worth $41,605,000 after purchasing an additional 4,073 shares during the period. Gilliland Jeter Wealth Management LLC boosted its stake in Vanguard S&P 500 ETF by 241.9% during the fourth quarter. Gilliland Jeter Wealth Management LLC now owns 424 shares of the company’s stock worth $228,000 after buying an additional 300 shares during the period. Joel Adams & Associates Inc. purchased a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth about $19,507,000. Finally, GAMMA Investing LLC lifted its stake in Vanguard S&P 500 ETF by 23.3% in the fourth quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock worth $848,000 after purchasing an additional 297 shares during the last quarter.

Vanguard S&P 500 ETF Stock Down 0.4 %

VOO opened at $463.56 on Tuesday. The business has a fifty day moving average of $534.30 and a 200 day moving average of $538.98. Vanguard S&P 500 ETF has a 52-week low of $442.80 and a 52-week high of $563.92. The stock has a market cap of $1.31 trillion, a P/E 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. Shareholders of record on Thursday, March 27th were given a dividend of $1.8121 per share. This is an increase 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.