L & S Advisors Inc Makes New $5.92 Million Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

L & S Advisors Inc purchased a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,980 shares of the company’s stock, valued at approximately $5,916,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Nova R Wealth Inc. acquired a new stake in Vanguard S&P 500 ETF during the 4th quarter worth about $200,000. Gilliland Jeter Wealth Management LLC lifted its holdings in Vanguard S&P 500 ETF by 241.9% in the fourth quarter. Gilliland Jeter Wealth Management LLC now owns 424 shares of the company’s stock valued at $228,000 after acquiring an additional 300 shares during the period. Joel Adams & Associates Inc. purchased a new stake in Vanguard S&P 500 ETF during the fourth quarter worth $19,507,000. GAMMA Investing LLC raised its position in shares of Vanguard S&P 500 ETF by 23.3% in the fourth quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock worth $848,000 after acquiring an additional 297 shares during the period. Finally, IMC Chicago LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the 4th quarter worth about $149,758,000.

Vanguard S&P 500 ETF Stock Down 2.0 %

Shares of Vanguard S&P 500 ETF stock opened at $510.80 on Friday. The firm has a market cap of $1.44 trillion, a PE ratio of 25.26 and a beta of 1.01. Vanguard S&P 500 ETF has a twelve month low of $453.90 and a twelve month high of $563.92. The business has a 50-day moving average price of $541.51 and a 200 day moving average price of $539.71.

Vanguard S&P 500 ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a $1.8121 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is a boost 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.