Principal Financial Group Inc. Grows Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Principal Financial Group Inc. raised its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 58,044 shares of the company’s stock after acquiring an additional 3,717 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard S&P 500 ETF were worth $30,628,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VOO. Vanguard Group Inc. raised its position in Vanguard S&P 500 ETF by 11.1% during the 1st quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock worth $12,203,193,000 after buying an additional 2,546,192 shares during the last quarter. Raymond James & Associates increased its position in Vanguard S&P 500 ETF by 1.2% during the third quarter. Raymond James & Associates now owns 23,383,328 shares of the company’s stock worth $12,338,681,000 after buying an additional 277,818 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Vanguard S&P 500 ETF by 95.8% in the 1st quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock valued at $10,212,930,000 after purchasing an additional 10,393,926 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Vanguard S&P 500 ETF by 1.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,542,242 shares of the company’s stock worth $6,272,751,000 after acquiring an additional 160,184 shares during the period. Finally, International Assets Investment Management LLC lifted its position in Vanguard S&P 500 ETF by 57,975.9% during the third quarter. International Assets Investment Management LLC now owns 7,915,751 shares of the company’s stock worth $4,176,904,000 after buying an additional 7,902,121 shares during the period.

Vanguard S&P 500 ETF Stock Up 0.1 %

VOO stock opened at $550.44 on Tuesday. The business has a fifty day simple moving average of $525.28 and a 200-day simple moving average of $505.95. The company has a market cap of $498.68 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 52 week low of $402.82 and a 52 week high of $551.73.

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.