Vanguard S&P 500 ETF (NYSEARCA:VOO) is Sun Life Financial Inc.’s 3rd Largest Position

Sun Life Financial Inc. cut its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 558,474 shares of the company’s stock after selling 10,126 shares during the period. Vanguard S&P 500 ETF accounts for 16.8% of Sun Life Financial Inc.’s holdings, making the stock its 3rd biggest holding. Sun Life Financial Inc.’s holdings in Vanguard S&P 500 ETF were worth $300,911,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Shared Vision Wealth Group LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 2.7% in the 4th quarter. Shared Vision Wealth Group LLC now owns 693 shares of the company’s stock valued at $373,000 after acquiring an additional 18 shares during the last quarter. Graves Light Lenhart Wealth Inc. raised its position in Vanguard S&P 500 ETF by 1.0% during the fourth quarter. Graves Light Lenhart Wealth Inc. now owns 1,948 shares of the company’s stock valued at $1,050,000 after purchasing an additional 19 shares during the period. Retirement Financial Solutions LLC lifted its stake in shares of Vanguard S&P 500 ETF by 0.6% in the 4th quarter. Retirement Financial Solutions LLC now owns 3,316 shares of the company’s stock valued at $1,787,000 after purchasing an additional 19 shares during the last quarter. LifeSteps Financial Inc. boosted its holdings in shares of Vanguard S&P 500 ETF by 2.0% in the 4th quarter. LifeSteps Financial Inc. now owns 988 shares of the company’s stock worth $532,000 after purchasing an additional 19 shares during the period. Finally, Weinberger Asset Management Inc increased its position in shares of Vanguard S&P 500 ETF by 0.6% during the 4th quarter. Weinberger Asset Management Inc now owns 3,137 shares of the company’s stock valued at $1,690,000 after purchasing an additional 19 shares during the last quarter.

Vanguard S&P 500 ETF Stock Down 5.8 %

Shares of VOO opened at $465.52 on Friday. The business has a fifty day moving average of $536.06 and a 200 day moving average of $539.09. The company has a market cap of $1.31 trillion, a PE ratio of 24.79 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.

Vanguard S&P 500 ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a $1.8121 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change 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.