Cascades Capital Asset Management LLC Sells 1,188 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Cascades Capital Asset Management LLC reduced its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,387 shares of the company’s stock after selling 1,188 shares during the quarter. Vanguard S&P 500 ETF comprises about 12.8% of Cascades Capital Asset Management LLC’s investment portfolio, making the stock its largest holding. Cascades Capital Asset Management LLC’s holdings in Vanguard S&P 500 ETF were worth $23,916,000 as of its most recent filing with the Securities & Exchange Commission.

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

Vanguard S&P 500 ETF Price Performance

Shares of VOO opened at $465.52 on Friday. The firm’s 50 day moving average is $536.06 and its 200-day moving average is $539.09. Vanguard S&P 500 ETF has a 12-month low of $453.90 and a 12-month high of $563.92. The stock has a market capitalization of $1.31 trillion, a P/E ratio of 24.79 and a beta of 1.01.

Vanguard S&P 500 ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders 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 boost 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.