Riggs Capital Management LLC Makes New $313,000 Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Riggs Capital Management LLC bought a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 581 shares of the company’s stock, valued at approximately $313,000.

Several other hedge funds have also made changes to their positions in the stock. Proficio Capital Partners LLC grew its stake in shares of Vanguard S&P 500 ETF by 22,099.4% in the fourth quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock worth $19,422,195,000 after purchasing an additional 35,884,088 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Vanguard S&P 500 ETF by 8.4% in the fourth quarter. Vanguard Group Inc. now owns 32,517,360 shares of the company’s stock worth $17,520,679,000 after purchasing an additional 2,516,003 shares during the period. Raymond James Financial Inc. bought a new position in Vanguard S&P 500 ETF in the 4th quarter valued at about $14,232,829,000. JPMorgan Chase & Co. increased its stake in Vanguard S&P 500 ETF by 13.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock valued at $12,624,419,000 after buying an additional 2,879,321 shares during the period. Finally, California Public Employees Retirement System bought a new stake in shares of Vanguard S&P 500 ETF during the 4th quarter worth about $9,202,879,000.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $510.80 on Monday. The company has a market capitalization of $1.44 trillion, a PE ratio of 25.26 and a beta of 1.01. The stock’s fifty day moving average is $541.51 and its 200-day moving average is $539.92. Vanguard S&P 500 ETF has a one year low of $453.90 and a one year high of $563.92.

Vanguard S&P 500 ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders 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 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.