NewEdge Advisors LLC lessened its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 28.2% in the first quarter, HoldingsChannel reports. The firm owned 432,004 shares of the company’s stock after selling 169,447 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 5.0% of NewEdge Advisors LLC’s holdings, making the stock its 2nd biggest holding. NewEdge Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $258,144,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Vanguard S&P 500 ETF by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 39,068,508 shares of the company’s stock valued at $24,501,033,000 after buying an additional 1,141,931 shares during the last quarter. California Public Employees Retirement System boosted its position in Vanguard S&P 500 ETF by 6.5% during the first quarter. California Public Employees Retirement System now owns 33,635,939 shares of the company’s stock worth $20,099,155,000 after acquiring an additional 2,049,100 shares during the last quarter. Raymond James Financial Inc. grew its stake in Vanguard S&P 500 ETF by 3.6% in the 4th quarter. Raymond James Financial Inc. now owns 29,347,563 shares of the company’s stock worth $18,404,737,000 after acquiring an additional 1,019,492 shares during the period. Bank of America Corp DE grew its stake in Vanguard S&P 500 ETF by 1.3% in the 1st quarter. Bank of America Corp DE now owns 27,441,061 shares of the company’s stock worth $16,397,406,000 after acquiring an additional 354,072 shares during the period. Finally, Royal Bank of Canada raised its holdings in Vanguard S&P 500 ETF by 496.2% in the 4th quarter. Royal Bank of Canada now owns 21,356,933 shares of the company’s stock valued at $13,393,573,000 after acquiring an additional 17,774,521 shares during the last quarter.
Vanguard S&P 500 ETF Stock Down 1.5%
Shares of Vanguard S&P 500 ETF stock opened at $670.63 on Thursday. Vanguard S&P 500 ETF has a fifty-two week low of $569.29 and a fifty-two week high of $699.15. The firm has a market cap of $956.04 billion, a PE ratio of 24.97 and a beta of 1.00. The business’s fifty day moving average is $685.18 and its two-hundred day moving average is $652.31.
Vanguard S&P 500 ETF Company 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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.
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