Meridian Investment Counsel Inc. Acquires 753 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Meridian Investment Counsel Inc. increased its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 31.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,145 shares of the company’s stock after purchasing an additional 753 shares during the period. Meridian Investment Counsel Inc.’s holdings in Vanguard S&P 500 ETF were worth $1,695,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VOO. Your Advocates Ltd. LLP bought a new stake in Vanguard S&P 500 ETF in the 4th quarter valued at about $29,000. Asset Management One Co. Ltd. raised its stake in Vanguard S&P 500 ETF by 185.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock valued at $31,000 after acquiring an additional 37 shares during the period. Delos Wealth Advisors LLC lifted its holdings in Vanguard S&P 500 ETF by 166.7% during the fourth quarter. Delos Wealth Advisors LLC now owns 80 shares of the company’s stock valued at $43,000 after purchasing an additional 50 shares during the last quarter. Urban Financial Advisory Corp purchased a new position in shares of Vanguard S&P 500 ETF in the third quarter worth about $51,000. Finally, Sherman Asset Management Inc. purchased a new stake in shares of Vanguard S&P 500 ETF during the 4th quarter valued at approximately $52,000.

Vanguard S&P 500 ETF Trading Down 2.0 %

Vanguard S&P 500 ETF stock opened at $510.80 on Monday. The firm has a 50 day simple moving average of $541.51 and a 200 day simple moving average of $539.92. Vanguard S&P 500 ETF has a 1-year low of $453.90 and a 1-year high of $563.92. The firm has a market capitalization of $1.44 trillion, a price-to-earnings ratio of 25.26 and a beta of 1.01.

Vanguard S&P 500 ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued 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 is 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.