Smith Moore & CO. Has $9.71 Million Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Smith Moore & CO. boosted its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 20.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,022 shares of the company’s stock after purchasing an additional 3,029 shares during the period. Vanguard S&P 500 ETF comprises 0.9% of Smith Moore & CO.’s portfolio, making the stock its 22nd biggest holding. Smith Moore & CO.’s holdings in Vanguard S&P 500 ETF were worth $9,711,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Nova R Wealth Inc. bought a new stake in Vanguard S&P 500 ETF in the fourth quarter valued at $200,000. Gilliland Jeter Wealth Management LLC increased its position in shares of Vanguard S&P 500 ETF by 241.9% during the 4th quarter. Gilliland Jeter Wealth Management LLC now owns 424 shares of the company’s stock worth $228,000 after purchasing an additional 300 shares in the last quarter. Joel Adams & Associates Inc. acquired a new position in Vanguard S&P 500 ETF in the fourth quarter valued at about $19,507,000. GAMMA Investing LLC grew its stake in Vanguard S&P 500 ETF by 23.3% during the fourth quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock worth $848,000 after buying an additional 297 shares during the last quarter. Finally, IMC Chicago LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter worth approximately $149,758,000.

Vanguard S&P 500 ETF Price Performance

Shares of VOO opened at $494.16 on Friday. The business’s 50 day simple moving average is $537.92 and its 200-day simple moving average is $539.45. Vanguard S&P 500 ETF has a one year low of $453.90 and a one year high of $563.92. The company has a market capitalization of $1.39 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 declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $1.8121 dividend. This is a boost from Vanguard S&P 500 ETF’s previous dividend of $1.78. The ex-dividend date of this dividend was Thursday, March 27th.

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.