Riggs Capital Management LLC Takes Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Riggs Capital Management LLC acquired a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 581 shares of the company’s stock, valued at approximately $313,000.

A number of other large investors also recently modified their holdings of the stock. Proficio Capital Partners LLC lifted its holdings in 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 valued at $19,422,195,000 after buying an additional 35,884,088 shares during the period. Vanguard Group Inc. lifted its stake in shares of Vanguard S&P 500 ETF by 8.4% in the 4th quarter. Vanguard Group Inc. now owns 32,517,360 shares of the company’s stock valued at $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 during the fourth quarter worth about $14,232,829,000. JPMorgan Chase & Co. boosted 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 worth $12,624,419,000 after acquiring an additional 2,879,321 shares during the last quarter. Finally, California Public Employees Retirement System acquired a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at $9,202,879,000.

Vanguard S&P 500 ETF Price Performance

Shares of Vanguard S&P 500 ETF stock opened at $510.80 on Monday. The company has a market capitalization of $1.44 trillion, a P/E ratio of 25.26 and a beta of 1.01. The business has a 50-day moving average of $541.51 and a two-hundred day 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.

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 positive change 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 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.