PAX Financial Group LLC Lowers Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

PAX Financial Group LLC trimmed its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 4.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,553 shares of the company’s stock after selling 564 shares during the quarter. Vanguard S&P 500 ETF accounts for approximately 1.2% of PAX Financial Group LLC’s portfolio, making the stock its 19th largest holding. PAX Financial Group LLC’s holdings in Vanguard S&P 500 ETF were worth $6,764,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nova R Wealth Inc. purchased a new stake in Vanguard S&P 500 ETF during the fourth quarter worth approximately $200,000. Gilliland Jeter Wealth Management LLC boosted its position in 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 during the period. Joel Adams & Associates Inc. purchased a new stake in Vanguard S&P 500 ETF during the 4th quarter worth $19,507,000. GAMMA Investing LLC increased its holdings in Vanguard S&P 500 ETF by 23.3% in the 4th quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock valued at $848,000 after purchasing an additional 297 shares in the last quarter. Finally, IMC Chicago LLC purchased a new position in Vanguard S&P 500 ETF in the fourth quarter valued at about $149,758,000.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA VOO opened at $494.16 on Friday. Vanguard S&P 500 ETF has a 1-year low of $453.90 and a 1-year high of $563.92. The company has a market capitalization of $1.39 trillion, a price-to-earnings ratio of 24.79 and a beta of 1.01. The business has a 50-day moving average of $537.92 and a 200-day moving average of $539.45.

Vanguard S&P 500 ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $1.8121 dividend. This is an increase from Vanguard S&P 500 ETF’s previous dividend of $1.78. The ex-dividend date 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.