Vanguard S&P 500 ETF (NYSEARCA:VOO) Sets New 12-Month High – Here’s What Happened

Vanguard S&P 500 ETF (NYSEARCA:VOO)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $530.19 and last traded at $530.13, with a volume of 1223555 shares changing hands. The stock had previously closed at $526.85.

Vanguard S&P 500 ETF Trading Up 0.6 %

The business has a fifty day moving average price of $510.73 and a two-hundred day moving average price of $495.78. The company has a market cap of $480.20 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00.

Institutional Investors Weigh In On Vanguard S&P 500 ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of Vanguard S&P 500 ETF by 11.1% during the first quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock worth $12,203,193,000 after acquiring an additional 2,546,192 shares in the last quarter. Raymond James & Associates grew its stake in shares of Vanguard S&P 500 ETF by 0.4% in the 2nd quarter. Raymond James & Associates now owns 23,105,510 shares of the company’s stock valued at $11,555,758,000 after buying an additional 98,106 shares in the last quarter. JPMorgan Chase & Co. raised its position in Vanguard S&P 500 ETF by 95.8% during the first quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock valued at $10,212,930,000 after acquiring an additional 10,393,926 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Vanguard S&P 500 ETF by 1.3% in the second quarter. Envestnet Asset Management Inc. now owns 12,542,242 shares of the company’s stock valued at $6,272,751,000 after acquiring an additional 160,184 shares during the last quarter. Finally, Strategic Financial Concepts LLC increased its stake in shares of Vanguard S&P 500 ETF by 32,889.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 7,252,393 shares of the company’s stock worth $3,627,139,000 after purchasing an additional 7,230,409 shares during the last quarter.

Vanguard S&P 500 ETF Company 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.