Bank of Montreal Can Buys 438,892 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Bank of Montreal Can lifted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 42.5% during the 4th quarter, Holdings Channel reports. The firm owned 1,472,106 shares of the company’s stock after acquiring an additional 438,892 shares during the period. Bank of Montreal Can’s holdings in Vanguard S&P 500 ETF were worth $793,186,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in VOO. Nova R Wealth Inc. bought a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter worth approximately $200,000. Gilliland Jeter Wealth Management LLC boosted 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 in the last quarter. Joel Adams & Associates Inc. purchased a new position in Vanguard S&P 500 ETF during the 4th quarter valued at $19,507,000. GAMMA Investing LLC raised 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 worth $848,000 after purchasing an additional 297 shares in the last quarter. Finally, IMC Chicago LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter worth about $149,758,000.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA VOO opened at $465.52 on Monday. Vanguard S&P 500 ETF has a 1 year low of $444.02 and a 1 year high of $563.92. The stock has a market capitalization of $1.31 trillion, a P/E ratio of 24.79 and a beta of 1.01. The company’s 50-day moving average is $536.06 and its 200 day moving average is $539.41.

Vanguard S&P 500 ETF Increases Dividend

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

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.