Seven Mile Advisory Increases Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Seven Mile Advisory raised its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 12,074 shares of the company’s stock after purchasing an additional 762 shares during the quarter. Vanguard S&P 500 ETF comprises about 4.1% of Seven Mile Advisory’s investment portfolio, making the stock its 6th largest position. Seven Mile Advisory’s holdings in Vanguard S&P 500 ETF were worth $6,505,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC increased its holdings in Vanguard S&P 500 ETF by 22,099.4% during the fourth quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock worth $19,422,195,000 after buying an additional 35,884,088 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Vanguard S&P 500 ETF by 8.4% in the fourth quarter. Vanguard Group Inc. now owns 32,517,360 shares of the company’s stock valued at $17,520,679,000 after purchasing an additional 2,516,003 shares during the last quarter. Raymond James Financial Inc. bought a new position in Vanguard S&P 500 ETF during the 4th quarter worth $14,232,829,000. JPMorgan Chase & Co. raised its stake in Vanguard S&P 500 ETF by 13.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock worth $12,624,419,000 after purchasing an additional 2,879,321 shares in the last quarter. Finally, California Public Employees Retirement System acquired a new stake in Vanguard S&P 500 ETF during the fourth quarter worth approximately $9,202,879,000.

Vanguard S&P 500 ETF Stock Down 2.0 %

VOO stock opened at $510.80 on Monday. The company’s 50-day moving average price is $541.51 and its two-hundred day moving average price is $539.92. The firm 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 12 month low of $453.90 and a 12 month high of $563.92.

Vanguard S&P 500 ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued a $1.8121 dividend. The ex-dividend date is Thursday, March 27th. This is a positive change from Vanguard S&P 500 ETF’s previous dividend of $1.78.

Vanguard S&P 500 ETF Company 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.