Pacific Wealth Management Buys New Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Pacific Wealth Management purchased a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, HoldingsChannel reports. The fund purchased 549 shares of the company’s stock, valued at approximately $296,000. Vanguard S&P 500 ETF accounts for approximately 0.2% of Pacific Wealth Management’s portfolio, making the stock its 15th largest holding.

A number of other hedge funds also recently bought and sold shares of the business. SOA Wealth Advisors LLC. lifted its stake in shares of Vanguard S&P 500 ETF by 2.4% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 53,036 shares of the company’s stock valued at $27,985,000 after purchasing an additional 1,235 shares during the last quarter. Mission Creek Capital Partners Inc. raised its holdings in Vanguard S&P 500 ETF by 38.3% during the 3rd quarter. Mission Creek Capital Partners Inc. now owns 1,781 shares of the company’s stock valued at $940,000 after buying an additional 493 shares during the period. Redwood Investment Management LLC lifted its position in Vanguard S&P 500 ETF by 63.1% in the third quarter. Redwood Investment Management LLC now owns 63,168 shares of the company’s stock worth $33,383,000 after buying an additional 24,440 shares during the last quarter. Quantinno Capital Management LP boosted its stake in Vanguard S&P 500 ETF by 76.4% during the third quarter. Quantinno Capital Management LP now owns 26,624 shares of the company’s stock worth $14,049,000 after buying an additional 11,529 shares during the period. Finally, Quadrature Capital Ltd bought a new position in Vanguard S&P 500 ETF during the third quarter valued at $2,195,000.

Vanguard S&P 500 ETF Trading Up 0.6 %

Vanguard S&P 500 ETF stock opened at $518.91 on Thursday. Vanguard S&P 500 ETF has a 12-month low of $453.90 and a 12-month high of $563.92. The firm has a 50-day moving average price of $539.26 and a 200-day moving average price of $539.77. The firm has a market capitalization of $1.46 trillion, a PE 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. The ex-dividend date was Thursday, March 27th. This is a positive change from Vanguard S&P 500 ETF’s previous dividend of $1.78.

Vanguard S&P 500 ETF Company Profile

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.