Tepp RIA LLC Makes New Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Tepp RIA LLC acquired a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 791 shares of the company’s stock, valued at approximately $426,000. Vanguard S&P 500 ETF makes up about 0.6% of Tepp RIA LLC’s investment portfolio, making the stock its 18th largest holding.

Other institutional investors have also modified their holdings of the company. Your Advocates Ltd. LLP purchased a new stake in Vanguard S&P 500 ETF during the 4th quarter worth approximately $29,000. Asset Management One Co. Ltd. boosted its stake in shares of Vanguard S&P 500 ETF by 185.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock worth $31,000 after acquiring an additional 37 shares during the last quarter. Urban Financial Advisory Corp purchased a new stake in shares of Vanguard S&P 500 ETF during the third quarter worth approximately $51,000. Sherman Asset Management Inc. acquired a new position in Vanguard S&P 500 ETF in the 4th quarter valued at $52,000. Finally, Sugar Maple Asset Management LLC purchased a new position in Vanguard S&P 500 ETF in the 4th quarter valued at $53,000.

Vanguard S&P 500 ETF Trading Down 0.6 %

NYSEARCA:VOO opened at $521.21 on Friday. The company has a market cap of $1.47 trillion, a P/E ratio of 25.26 and a beta of 1.01. Vanguard S&P 500 ETF has a twelve month low of $453.90 and a twelve month high of $563.92. The company’s 50-day moving average price is $542.29 and its 200-day moving average price is $539.40.

Vanguard S&P 500 ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a $1.8121 dividend. 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.