Vanguard S&P 500 ETF $VOO is Means Investment CO. Inc.’s Largest Position

Means Investment CO. Inc. boosted its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 313,272 shares of the company’s stock after purchasing an additional 9,299 shares during the period. Vanguard S&P 500 ETF comprises about 16.6% of Means Investment CO. Inc.’s investment portfolio, making the stock its biggest position. Means Investment CO. Inc.’s holdings in Vanguard S&P 500 ETF were worth $191,841,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VOO. Quaker Wealth Management LLC increased its stake in shares of Vanguard S&P 500 ETF by 248.4% in the second quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock worth $26,000 after purchasing an additional 77 shares in the last quarter. Front Row Advisors LLC increased its stake in Vanguard S&P 500 ETF by 900.0% in the 2nd quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock worth $28,000 after buying an additional 45 shares in the last quarter. Corundum Trust Company INC bought a new stake in Vanguard S&P 500 ETF during the third quarter valued at about $37,000. Cedar Mountain Advisors LLC purchased a new position in shares of Vanguard S&P 500 ETF in the third quarter valued at about $45,000. Finally, Tripletail Wealth Management LLC bought a new position in shares of Vanguard S&P 500 ETF in the third quarter worth about $46,000.

Vanguard S&P 500 ETF Trading Up 0.5%

NYSEARCA:VOO opened at $638.23 on Tuesday. The stock has a 50-day moving average price of $632.09 and a 200 day moving average price of $615.09. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $641.81. The stock has a market capitalization of $854.09 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.