Daido Life Insurance Co. Makes New Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Daido Life Insurance Co. bought a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 118,108 shares of the company’s stock, valued at approximately $63,638,000. Vanguard S&P 500 ETF accounts for about 7.8% of Daido Life Insurance Co.’s portfolio, making the stock its 4th largest holding.

Several other large investors also recently modified their holdings of VOO. Your Advocates Ltd. LLP bought a new position in Vanguard S&P 500 ETF during the fourth quarter worth about $29,000. Asset Management One Co. Ltd. lifted its stake in shares of Vanguard S&P 500 ETF by 185.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock valued at $31,000 after buying an additional 37 shares in the last quarter. Urban Financial Advisory Corp bought a new position in Vanguard S&P 500 ETF in the 3rd quarter worth approximately $51,000. Sherman Asset Management Inc. purchased a new position in Vanguard S&P 500 ETF in the 4th quarter valued at approximately $52,000. Finally, Sugar Maple Asset Management LLC bought a new stake in Vanguard S&P 500 ETF during the 4th quarter valued at $53,000.

Vanguard S&P 500 ETF Price Performance

NYSEARCA:VOO opened at $521.21 on Friday. The company has a market cap of $1.47 trillion, a P/E ratio of 25.26 and a beta of 1.01. Vanguard S&P 500 ETF has a 1 year low of $453.90 and a 1 year high of $563.92. The stock’s fifty day moving average price is $542.29 and its two-hundred day moving average price is $539.40.

Vanguard S&P 500 ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a $1.8121 dividend. The ex-dividend date is Thursday, March 27th. This is an increase 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.