Balentine LLC Boosts Stake in Vanguard S&P 500 ETF $VOO

Balentine LLC raised its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 38.7% during the second quarter, HoldingsChannel.com reports. The firm owned 37,269 shares of the company’s stock after purchasing an additional 10,398 shares during the period. Vanguard S&P 500 ETF makes up 0.8% of Balentine LLC’s portfolio, making the stock its 14th biggest position. Balentine LLC’s holdings in Vanguard S&P 500 ETF were worth $21,170,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VOO. Afbi LP purchased a new stake in Vanguard S&P 500 ETF in the 1st quarter worth about $20,494,431,000. JPMorgan Chase & Co. lifted its position in shares of Vanguard S&P 500 ETF by 23.9% during the first quarter. JPMorgan Chase & Co. now owns 29,230,561 shares of the company’s stock worth $15,021,878,000 after purchasing an additional 5,647,924 shares during the last quarter. Kingstone Capital Partners Texas LLC lifted its position in shares of Vanguard S&P 500 ETF by 601,326.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 4,113,756 shares of the company’s stock worth $2,336,737,000 after purchasing an additional 4,113,072 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Vanguard S&P 500 ETF by 5.9% during the first quarter. Vanguard Group Inc. now owns 34,450,749 shares of the company’s stock worth $17,704,584,000 after purchasing an additional 1,933,389 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Vanguard S&P 500 ETF by 101.5% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,789,453 shares of the company’s stock worth $1,433,558,000 after purchasing an additional 1,405,030 shares during the last quarter.

Vanguard S&P 500 ETF Trading Up 0.3%

NYSEARCA:VOO opened at $627.04 on Friday. The company has a market cap of $780.29 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The stock has a fifty day simple moving average of $608.97 and a 200-day simple moving average of $571.91. Vanguard S&P 500 ETF has a twelve month low of $442.80 and a twelve month high of $634.13.

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.