Alerus Financial NA Sells 13,530 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Alerus Financial NA trimmed its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 263,252 shares of the company’s stock after selling 13,530 shares during the quarter. Vanguard S&P 500 ETF comprises 10.9% of Alerus Financial NA’s investment portfolio, making the stock its biggest position. Alerus Financial NA’s holdings in Vanguard S&P 500 ETF were worth $141,843,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nova R Wealth Inc. acquired a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter worth $200,000. Gilliland Jeter Wealth Management LLC raised its stake in Vanguard S&P 500 ETF by 241.9% in the 4th quarter. Gilliland Jeter Wealth Management LLC now owns 424 shares of the company’s stock valued at $228,000 after purchasing an additional 300 shares during the last quarter. Joel Adams & Associates Inc. acquired a new stake in Vanguard S&P 500 ETF during the fourth quarter worth approximately $19,507,000. GAMMA Investing LLC increased its stake in Vanguard S&P 500 ETF by 23.3% in the fourth quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock valued at $848,000 after purchasing an additional 297 shares during the last quarter. Finally, IMC Chicago LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter worth approximately $149,758,000.

Vanguard S&P 500 ETF Trading Down 0.6 %

NYSEARCA:VOO opened at $521.21 on Friday. The firm’s fifty day simple moving average is $542.29 and its 200 day simple moving average is $539.40. The firm has a market capitalization of $1.47 trillion, a price-to-earnings 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.

Vanguard S&P 500 ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given 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.