Sagespring Wealth Partners LLC Purchases New Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Sagespring Wealth Partners LLC bought a new stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 653,408 shares of the company’s stock, valued at approximately $335,297,000. Vanguard S&P 500 ETF comprises approximately 3.5% of Sagespring Wealth Partners LLC’s portfolio, making the stock its 5th biggest holding.

Several other large investors also recently added to or reduced their stakes in VOO. SOA Wealth Advisors LLC. boosted its holdings in Vanguard S&P 500 ETF by 2.4% during the third quarter. SOA Wealth Advisors LLC. now owns 53,036 shares of the company’s stock valued at $27,985,000 after acquiring an additional 1,235 shares during the period. Nomura Asset Management Co. Ltd. grew its holdings in Vanguard S&P 500 ETF by 26.3% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 16,005 shares of the company’s stock valued at $8,445,000 after buying an additional 3,334 shares during the last quarter. Barclays PLC increased its position in Vanguard S&P 500 ETF by 3.4% in the 3rd quarter. Barclays PLC now owns 477,485 shares of the company’s stock worth $251,955,000 after buying an additional 15,898 shares during the period. Virtu Financial LLC acquired a new position in shares of Vanguard S&P 500 ETF during the third quarter worth approximately $9,939,000. Finally, Tudor Financial Inc. bought a new stake in shares of Vanguard S&P 500 ETF in the third quarter valued at approximately $9,075,000.

Vanguard S&P 500 ETF Price Performance

NYSEARCA:VOO opened at $490.55 on Friday. The company has a fifty day moving average price of $525.55 and a 200 day moving average price of $536.93. Vanguard S&P 500 ETF has a one year low of $442.80 and a one year high of $563.92. The stock has a market cap of $1.38 trillion, a P/E ratio of 24.79 and a beta of 1.01.

Vanguard S&P 500 ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $1.8121 dividend. 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.