Prudential Financial Inc. Reduces Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Prudential Financial Inc. reduced its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 98.4% during the fourth quarter, HoldingsChannel reports. The firm owned 2,950 shares of the company’s stock after selling 178,673 shares during the quarter. Prudential Financial Inc.’s holdings in Vanguard S&P 500 ETF were worth $1,589,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VOO. Shared Vision Wealth Group LLC grew its holdings in shares of Vanguard S&P 500 ETF by 2.7% during the 4th quarter. Shared Vision Wealth Group LLC now owns 693 shares of the company’s stock valued at $373,000 after acquiring an additional 18 shares in the last quarter. Graves Light Lenhart Wealth Inc. grew its stake in Vanguard S&P 500 ETF by 1.0% in the fourth quarter. Graves Light Lenhart Wealth Inc. now owns 1,948 shares of the company’s stock valued at $1,050,000 after purchasing an additional 19 shares in the last quarter. Retirement Financial Solutions LLC increased its position in Vanguard S&P 500 ETF by 0.6% in the 4th quarter. Retirement Financial Solutions LLC now owns 3,316 shares of the company’s stock worth $1,787,000 after purchasing an additional 19 shares during the last quarter. LifeSteps Financial Inc. raised its stake in shares of Vanguard S&P 500 ETF by 2.0% during the 4th quarter. LifeSteps Financial Inc. now owns 988 shares of the company’s stock worth $532,000 after purchasing an additional 19 shares in the last quarter. Finally, Weinberger Asset Management Inc lifted its holdings in shares of Vanguard S&P 500 ETF by 0.6% during the 4th quarter. Weinberger Asset Management Inc now owns 3,137 shares of the company’s stock valued at $1,690,000 after buying an additional 19 shares during the last quarter.

Vanguard S&P 500 ETF Stock Down 5.8 %

NYSEARCA VOO opened at $465.52 on Friday. The stock 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 has a 12-month low of $453.90 and a 12-month high of $563.92. The company has a 50 day moving average price of $536.06 and a two-hundred day moving average price of $539.24.

Vanguard S&P 500 ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $1.8121 per share. 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.