Mirae Asset Global Investments Co. Ltd. Has $1.03 Billion Stock Holdings in Vanguard S&P 500 ETF $VOO

Mirae Asset Global Investments Co. Ltd. lessened its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 31.4% during the third quarter, HoldingsChannel.com reports. The firm owned 1,678,051 shares of the company’s stock after selling 768,506 shares during the period. Vanguard S&P 500 ETF makes up approximately 3.2% of Mirae Asset Global Investments Co. Ltd.’s holdings, making the stock its 6th biggest holding. Mirae Asset Global Investments Co. Ltd.’s holdings in Vanguard S&P 500 ETF were worth $1,027,605,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of VOO. Quaker Wealth Management LLC grew its position in shares of Vanguard S&P 500 ETF by 248.4% in the 2nd quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock worth $26,000 after acquiring an additional 77 shares in the last quarter. Front Row Advisors LLC lifted its stake in Vanguard S&P 500 ETF by 900.0% during the second quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock worth $28,000 after purchasing an additional 45 shares during the last quarter. Bernard Wealth Management Corp. acquired a new position in Vanguard S&P 500 ETF in the second quarter worth $30,000. Corundum Trust Company INC bought a new stake in Vanguard S&P 500 ETF during the third quarter valued at $37,000. Finally, Bay Harbor Wealth Management LLC raised its holdings in shares of Vanguard S&P 500 ETF by 800.0% during the second quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock worth $41,000 after purchasing an additional 64 shares during the period.

Vanguard S&P 500 ETF Stock Performance

Vanguard S&P 500 ETF stock opened at $641.55 on Wednesday. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $640.73. The firm’s 50-day moving average is $628.88 and its 200-day moving average is $611.44. The company has a market cap of $858.53 billion, a P/E ratio of 24.97 and a beta of 1.00.

About Vanguard S&P 500 ETF

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.