California Public Employees Retirement System Makes New $9.20 Billion Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

California Public Employees Retirement System purchased a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, Holdings Channel.com reports. The fund purchased 17,080,007 shares of the company’s stock, valued at approximately $9,202,879,000. Vanguard S&P 500 ETF comprises about 6.2% of California Public Employees Retirement System’s investment portfolio, making the stock its 2nd largest holding.

A number of other hedge funds also recently modified their holdings of the business. Proficio Capital Partners LLC boosted its position in shares of Vanguard S&P 500 ETF by 22,099.4% during 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 in the last quarter. Raymond James Financial Inc. acquired a new position in Vanguard S&P 500 ETF in the fourth quarter valued at approximately $14,232,829,000. Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 62,488.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock worth $5,393,342,000 after buying an additional 9,993,736 shares in the last quarter. Kedalion Capital Management LLP acquired a new stake in shares of Vanguard S&P 500 ETF during the 4th quarter worth approximately $2,424,795,000. Finally, JPMorgan Chase & Co. increased its stake in shares of 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 valued at $12,624,419,000 after acquiring an additional 2,879,321 shares in the last quarter.

Vanguard S&P 500 ETF Stock Down 2.0 %

Vanguard S&P 500 ETF stock opened at $510.80 on Friday. The company has a market capitalization of $1.44 trillion, a PE ratio of 25.26 and a beta of 1.01. The firm’s fifty day moving average is $541.51 and its 200 day moving average is $539.71. 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 business also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a dividend of $1.8121 per share. 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.