Sanctuary Wealth Management L.L.C. Has $8.75 Million Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Sanctuary Wealth Management L.L.C. increased its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 86.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,233 shares of the company’s stock after buying an additional 7,508 shares during the quarter. Vanguard S&P 500 ETF accounts for 5.8% of Sanctuary Wealth Management L.L.C.’s investment portfolio, making the stock its 6th largest holding. Sanctuary Wealth Management L.L.C.’s holdings in Vanguard S&P 500 ETF were worth $8,747,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Life Planning Partners Inc bought a new position in Vanguard S&P 500 ETF in the 4th quarter valued at $34,547,000. Stage Harbor Financial LLC boosted its position in Vanguard S&P 500 ETF by 4.6% during the fourth quarter. Stage Harbor Financial LLC now owns 2,148 shares of the company’s stock worth $1,157,000 after purchasing an additional 95 shares during the period. RWA Wealth Partners LLC increased its stake in shares of Vanguard S&P 500 ETF by 15.1% in the fourth quarter. RWA Wealth Partners LLC now owns 76,707 shares of the company’s stock worth $41,330,000 after purchasing an additional 10,076 shares in the last quarter. Portland Global Advisors LLC lifted its stake in shares of Vanguard S&P 500 ETF by 1.5% during the 4th quarter. Portland Global Advisors LLC now owns 3,880 shares of the company’s stock valued at $2,091,000 after buying an additional 56 shares in the last quarter. Finally, Watchman Group Inc. lifted its stake in shares of Vanguard S&P 500 ETF by 2.4% during the 4th quarter. Watchman Group Inc. now owns 1,552 shares of the company’s stock valued at $836,000 after buying an additional 37 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

Shares of VOO stock opened at $510.80 on Friday. The stock has a market capitalization of $1.44 trillion, a price-to-earnings ratio of 25.26 and a beta of 1.01. The company’s fifty day simple moving average is $541.51 and its two-hundred day simple moving average is $539.71. Vanguard S&P 500 ETF has a 1 year low of $453.90 and a 1 year high of $563.92.

Vanguard S&P 500 ETF Increases Dividend

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

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.