Synovus Financial Corp Trims Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Synovus Financial Corp lessened its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 45.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,303 shares of the company’s stock after selling 49,340 shares during the quarter. Synovus Financial Corp’s holdings in Vanguard S&P 500 ETF were worth $31,429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of VOO. SOA Wealth Advisors LLC. grew its stake in shares of Vanguard S&P 500 ETF by 2.4% during the 3rd 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. Barclays PLC lifted its holdings in Vanguard S&P 500 ETF by 3.4% during the third quarter. Barclays PLC now owns 477,485 shares of the company’s stock valued at $251,955,000 after purchasing an additional 15,898 shares in the last quarter. Virtu Financial LLC purchased a new position in Vanguard S&P 500 ETF during the third quarter valued at approximately $9,939,000. Tudor Financial Inc. bought a new position in shares of Vanguard S&P 500 ETF in the third quarter worth approximately $9,075,000. Finally, Anchor Investment Management LLC increased its stake in shares of Vanguard S&P 500 ETF by 3.4% in the third quarter. Anchor Investment Management LLC now owns 10,171 shares of the company’s stock worth $5,367,000 after purchasing an additional 335 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $490.55 on Friday. The stock has a market cap of $1.38 trillion, a price-to-earnings ratio of 24.79 and a beta of 1.01. The firm’s fifty day moving average is $525.55 and its 200 day moving average is $536.93. Vanguard S&P 500 ETF has a fifty-two week low of $442.80 and a fifty-two week high of $563.92.

Vanguard S&P 500 ETF Increases Dividend

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

Vanguard S&P 500 ETF 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.