BOCHK Asset Management Ltd Invests $79.52 Million in Vanguard S&P 500 ETF $VOO

BOCHK Asset Management Ltd bought a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 140,000 shares of the company’s stock, valued at approximately $79,524,000. Vanguard S&P 500 ETF accounts for approximately 23.0% of BOCHK Asset Management Ltd’s investment portfolio, making the stock its 2nd largest holding.

Other large investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its stake in shares of Vanguard S&P 500 ETF by 0.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 807,691 shares of the company’s stock worth $415,080,000 after purchasing an additional 7,255 shares during the period. Affinity Capital Advisors LLC increased its stake in shares of Vanguard S&P 500 ETF by 66.3% during the second quarter. Affinity Capital Advisors LLC now owns 9,297 shares of the company’s stock worth $5,281,000 after purchasing an additional 3,707 shares during the period. CRA Financial Services LLC increased its stake in shares of Vanguard S&P 500 ETF by 12.6% during the second quarter. CRA Financial Services LLC now owns 15,583 shares of the company’s stock worth $8,852,000 after purchasing an additional 1,745 shares during the period. Retirement Solution LLC increased its stake in shares of Vanguard S&P 500 ETF by 31.2% during the first quarter. Retirement Solution LLC now owns 1,631 shares of the company’s stock worth $838,000 after purchasing an additional 388 shares during the period. Finally, Manning & Napier Advisors LLC increased its stake in shares of Vanguard S&P 500 ETF by 16.0% during the first quarter. Manning & Napier Advisors LLC now owns 154,170 shares of the company’s stock worth $79,230,000 after purchasing an additional 21,254 shares during the period.

Vanguard S&P 500 ETF Trading Up 0.1%

Shares of NYSEARCA VOO opened at $615.25 on Friday. The firm has a market cap of $739.24 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $442.80 and a 1-year high of $616.48. The business’s 50 day moving average is $595.50 and its 200-day moving average is $554.72.

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.