Vanguard S&P 500 ETF $VOO is Next Level Wealth Planning LLC’s Largest Position

Next Level Wealth Planning LLC increased its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 5.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 90,914 shares of the company’s stock after acquiring an additional 4,288 shares during the period. Vanguard S&P 500 ETF makes up about 31.4% of Next Level Wealth Planning LLC’s investment portfolio, making the stock its largest position. Next Level Wealth Planning LLC’s holdings in Vanguard S&P 500 ETF were worth $55,674,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Vanguard Group Inc. raised its holdings in Vanguard S&P 500 ETF by 6.7% during the second quarter. Vanguard Group Inc. now owns 36,763,979 shares of the company’s stock worth $20,883,043,000 after purchasing an additional 2,313,230 shares during the last quarter. California Public Employees Retirement System grew its position in Vanguard S&P 500 ETF by 17.9% during the second quarter. California Public Employees Retirement System now owns 25,883,852 shares of the company’s stock valued at $14,702,804,000 after acquiring an additional 3,931,698 shares during the period. Bank of America Corp DE raised its stake in shares of Vanguard S&P 500 ETF by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 25,095,520 shares of the company’s stock valued at $14,255,008,000 after acquiring an additional 538,659 shares during the period. Envestnet Asset Management Inc. lifted its position in Vanguard S&P 500 ETF by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,926,171 shares of the company’s stock worth $6,774,413,000 after acquiring an additional 146,269 shares in the last quarter. Finally, Acorns Advisers LLC grew its stake in shares of Vanguard S&P 500 ETF by 4.7% during the second quarter. Acorns Advisers LLC now owns 8,847,296 shares of the company’s stock valued at $5,025,529,000 after acquiring an additional 399,718 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO stock opened at $623.15 on Wednesday. The stock has a market capitalization of $833.91 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a one year low of $442.80 and a one year high of $640.16. The company’s 50-day simple moving average is $627.05 and its 200-day simple moving average is $609.24.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.