Wellspring Financial Advisors LLC Purchases 67,591 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Wellspring Financial Advisors LLC boosted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 12.5% in the 4th quarter, Holdings Channel reports. The firm owned 608,695 shares of the company’s stock after acquiring an additional 67,591 shares during the quarter. Vanguard S&P 500 ETF accounts for about 5.6% of Wellspring Financial Advisors LLC’s portfolio, making the stock its 6th largest position. Wellspring Financial Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $327,971,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nova R Wealth Inc. purchased a new position in shares of Vanguard S&P 500 ETF in the fourth quarter worth about $200,000. Gilliland Jeter Wealth Management LLC lifted its stake in Vanguard S&P 500 ETF by 241.9% in the 4th quarter. Gilliland Jeter Wealth Management LLC now owns 424 shares of the company’s stock worth $228,000 after purchasing an additional 300 shares in the last quarter. Joel Adams & Associates Inc. acquired a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth approximately $19,507,000. GAMMA Investing LLC increased its holdings in shares of Vanguard S&P 500 ETF by 23.3% in the fourth quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock valued at $848,000 after purchasing an additional 297 shares during the last quarter. Finally, IMC Chicago LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter valued at approximately $149,758,000.

Vanguard S&P 500 ETF Stock Performance

Shares of Vanguard S&P 500 ETF stock opened at $465.52 on Monday. The business’s 50 day moving average price is $536.06 and its 200 day moving average price is $539.41. The company has a market cap of $1.31 trillion, a price-to-earnings ratio of 24.79 and a beta of 1.01. Vanguard S&P 500 ETF has a one year low of $444.02 and a one year high of $563.92.

Vanguard S&P 500 ETF Increases Dividend

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

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.