Northwestern Mutual Wealth Management Co. Grows Stake in Vanguard S&P 500 ETF $VOO

Northwestern Mutual Wealth Management Co. grew its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 15.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,239,644 shares of the company’s stock after purchasing an additional 303,314 shares during the quarter. Vanguard S&P 500 ETF comprises approximately 0.9% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its 18th biggest holding. Northwestern Mutual Wealth Management Co. owned about 0.08% of Vanguard S&P 500 ETF worth $1,150,975,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its holdings in Vanguard S&P 500 ETF by 0.9% in 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 last quarter. Retirement Solution LLC grew its holdings 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 valued at $838,000 after buying an additional 388 shares during the last quarter. Manning & Napier Advisors LLC grew its holdings 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 valued at $79,230,000 after buying an additional 21,254 shares during the last quarter. Viewpoint Investment Partners Corp grew its holdings in shares of Vanguard S&P 500 ETF by 0.4% during the first quarter. Viewpoint Investment Partners Corp now owns 6,318 shares of the company’s stock valued at $3,247,000 after buying an additional 28 shares during the last quarter. Finally, Carolina Wealth Advisors LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the first quarter valued at $264,000.

Vanguard S&P 500 ETF Price Performance

Shares of VOO opened at $593.21 on Friday. The firm has a market capitalization of $712.76 billion, a PE 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 $594.32. The company’s fifty day moving average price is $575.23 and its 200-day moving average price is $542.62.

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.