Parsons Capital Management Inc. RI Increases Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Parsons Capital Management Inc. RI boosted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 52,464 shares of the company’s stock after acquiring an additional 1,086 shares during the period. Vanguard S&P 500 ETF accounts for approximately 1.5% of Parsons Capital Management Inc. RI’s portfolio, making the stock its 10th largest holding. Parsons Capital Management Inc. RI’s holdings in Vanguard S&P 500 ETF were worth $26,962,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Your Advocates Ltd. LLP bought a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at about $29,000. Asset Management One Co. Ltd. increased its position in shares of Vanguard S&P 500 ETF by 185.0% during the fourth quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock valued at $31,000 after buying an additional 37 shares during the period. Putney Financial Group LLC bought a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at about $42,000. Delos Wealth Advisors LLC increased its position in shares of Vanguard S&P 500 ETF by 166.7% during the fourth quarter. Delos Wealth Advisors LLC now owns 80 shares of the company’s stock valued at $43,000 after buying an additional 50 shares during the period. Finally, Measured Risk Portfolios Inc. bought a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at about $48,000.

Vanguard S&P 500 ETF Trading Up 0.1%

Shares of NYSEARCA VOO opened at $551.25 on Tuesday. Vanguard S&P 500 ETF has a 12 month low of $442.80 and a 12 month high of $563.92. The firm has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 25.72 and a beta of 1.01. The business has a 50-day moving average of $514.74 and a 200-day moving average of $533.48.

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.