Maridea Wealth Management LLC Takes $2.63 Million Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Maridea Wealth Management LLC purchased a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,871 shares of the company’s stock, valued at approximately $2,625,000. Vanguard S&P 500 ETF accounts for about 0.8% of Maridea Wealth Management LLC’s investment portfolio, making the stock its 21st biggest holding.

A number of other hedge funds also recently bought and sold shares of VOO. Nova R Wealth Inc. purchased a new position in shares of Vanguard S&P 500 ETF during the 4th quarter valued at approximately $200,000. Gilliland Jeter Wealth Management LLC increased its stake in shares of Vanguard S&P 500 ETF by 241.9% during the fourth 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 about $19,507,000. GAMMA Investing LLC lifted its stake 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 valued at $848,000 after buying an additional 297 shares in the last quarter. Finally, IMC Chicago LLC acquired a new stake in Vanguard S&P 500 ETF in the 4th quarter worth about $149,758,000.

Vanguard S&P 500 ETF Price Performance

Shares of Vanguard S&P 500 ETF stock opened at $510.80 on Friday. The business has a 50 day simple moving average of $541.51 and a two-hundred day simple moving average of $539.46. The stock has a market capitalization 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 company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders 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.