Cahaba Wealth Management Inc. Lowers Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Cahaba Wealth Management Inc. lessened its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 15.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,166 shares of the company’s stock after selling 219 shares during the period. Cahaba Wealth Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $628,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Proficio Capital Partners LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 22,099.4% during the fourth quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock valued at $19,422,195,000 after purchasing an additional 35,884,088 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard S&P 500 ETF during the fourth quarter valued at $14,232,829,000. California Public Employees Retirement System bought a new stake in Vanguard S&P 500 ETF in the fourth quarter worth $9,202,879,000. Strategic Financial Concepts LLC grew its stake in shares of Vanguard S&P 500 ETF by 62,488.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock worth $5,393,342,000 after acquiring an additional 9,993,736 shares during the last quarter. Finally, Kedalion Capital Management LLP bought a new position in shares of Vanguard S&P 500 ETF during the fourth quarter valued at $2,424,795,000.

Vanguard S&P 500 ETF Price Performance

VOO opened at $490.55 on Monday. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $563.92. The stock has a 50-day moving average price of $525.55 and a 200-day moving average price of $536.99. The firm has a market cap of $1.38 trillion, a PE ratio of 24.79 and a beta of 1.01.

Vanguard S&P 500 ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $1.8121 dividend. The ex-dividend date was Thursday, March 27th. This is a boost 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.