Franklin Resources Inc. Grows Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Franklin Resources Inc. increased its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 5.2% in the 4th quarter, HoldingsChannel reports. The fund owned 64,829 shares of the company’s stock after purchasing an additional 3,203 shares during the quarter. Franklin Resources Inc.’s holdings in Vanguard S&P 500 ETF were worth $34,931,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Your Advocates Ltd. LLP purchased a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter valued at approximately $29,000. Asset Management One Co. Ltd. increased its holdings in Vanguard S&P 500 ETF by 185.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock valued at $31,000 after purchasing an additional 37 shares during the last quarter. Delos Wealth Advisors LLC raised its position in Vanguard S&P 500 ETF by 166.7% in the fourth quarter. Delos Wealth Advisors LLC now owns 80 shares of the company’s stock valued at $43,000 after purchasing an additional 50 shares during the period. Urban Financial Advisory Corp acquired a new position in Vanguard S&P 500 ETF during the third quarter worth $51,000. Finally, Sherman Asset Management Inc. acquired a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter valued at $52,000.

Vanguard S&P 500 ETF Trading Down 5.8 %

VOO stock opened at $465.52 on Friday. The business’s fifty day moving average price is $536.06 and its 200 day moving average price is $539.24. Vanguard S&P 500 ETF has a 12-month low of $453.90 and a 12-month high of $563.92. The company has a market capitalization of $1.31 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 given a dividend of $1.8121 per share. 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 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.