Hobbs Group Advisors LLC Increases Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Hobbs Group Advisors LLC lifted its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 23.1% during the fourth quarter, Holdings Channel reports. The fund owned 555 shares of the company’s stock after acquiring an additional 104 shares during the period. Hobbs Group Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $299,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VOO. Proficio Capital Partners LLC raised its position in Vanguard S&P 500 ETF by 22,099.4% in the 4th quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock valued at $19,422,195,000 after purchasing an additional 35,884,088 shares during the last quarter. Vanguard Group Inc. increased its holdings in Vanguard S&P 500 ETF by 8.4% during the 4th quarter. Vanguard Group Inc. now owns 32,517,360 shares of the company’s stock valued at $17,520,679,000 after acquiring an additional 2,516,003 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth approximately $14,232,829,000. JPMorgan Chase & Co. raised its holdings in shares of Vanguard S&P 500 ETF by 13.7% in the third quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock worth $12,624,419,000 after acquiring an additional 2,879,321 shares during the last quarter. Finally, Strategic Financial Concepts LLC lifted its holdings in Vanguard S&P 500 ETF by 62,488.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock valued at $5,393,342,000 after purchasing an additional 9,993,736 shares in the last quarter.

Vanguard S&P 500 ETF Stock Down 2.0 %

Shares of NYSEARCA:VOO opened at $510.80 on Friday. The company has a market cap of $1.44 trillion, a P/E ratio of 25.26 and a beta of 1.01. Vanguard S&P 500 ETF has a 52 week low of $453.90 and a 52 week high of $563.92. The business has a fifty day simple moving average of $541.51 and a 200-day simple moving average of $539.46.

Vanguard S&P 500 ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders 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.