Vanguard S&P 500 ETF $VOO Stock: Means Investment CO. Inc. Increases Position

Means Investment CO. Inc. grew its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 352,968 shares of the company’s stock after buying an additional 8,430 shares during the quarter. Vanguard S&P 500 ETF accounts for 17.7% of Means Investment CO. Inc.’s investment portfolio, making the stock its largest holding. Means Investment CO. Inc.’s holdings in Vanguard S&P 500 ETF were worth $247,381,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VOO. Torren Management LLC purchased a new position in Vanguard S&P 500 ETF during the third quarter worth about $25,000. Birch Capital Management LLC purchased a new stake in Vanguard S&P 500 ETF in the 2nd quarter valued at approximately $25,000. RHL Group LLC increased its position in Vanguard S&P 500 ETF by 50.0% during the 2nd quarter. RHL Group LLC now owns 48 shares of the company’s stock worth $33,000 after purchasing an additional 16 shares during the period. Elevate Wealth Advisory Inc. acquired a new position in Vanguard S&P 500 ETF during the 3rd quarter worth approximately $43,000. Finally, XP Advisory US Inc. purchased a new position in shares of Vanguard S&P 500 ETF during the 2nd quarter worth approximately $45,000.

Vanguard S&P 500 ETF Price Performance

VOO opened at $675.99 on Monday. The business has a 50 day simple moving average of $704.04 and a 200-day simple moving average of $671.31. The stock has a market capitalization of $1.02 trillion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 12 month low of $578.46 and a 12 month high of $718.47.

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.