Allianz SE Invests $4.56 Million in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Allianz SE purchased a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 8,437 shares of the company’s stock, valued at approximately $4,562,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC lifted its holdings in Vanguard S&P 500 ETF by 22,099.4% during the 4th 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 in the last quarter. Vanguard Group Inc. increased its position in shares of 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. purchased a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter valued at approximately $14,232,829,000. JPMorgan Chase & Co. grew its stake in Vanguard S&P 500 ETF by 13.7% in the third quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock worth $12,624,419,000 after purchasing an additional 2,879,321 shares in the last quarter. Finally, Strategic Financial Concepts LLC increased its holdings in Vanguard S&P 500 ETF by 62,488.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock worth $5,393,342,000 after purchasing an additional 9,993,736 shares during the period.

Vanguard S&P 500 ETF Trading Down 2.0 %

Shares of VOO stock opened at $510.80 on Friday. Vanguard S&P 500 ETF has a twelve month low of $453.90 and a twelve month high of $563.92. The stock has a fifty day simple moving average of $541.51 and a two-hundred day simple moving average of $539.71. The stock 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 firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a $1.8121 dividend. The ex-dividend date of this dividend is 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.