Suncoast Equity Management Purchases New Shares in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Suncoast Equity Management purchased a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the third quarter, Holdings Channel.com reports. The firm purchased 739 shares of the company’s stock, valued at approximately $390,000.

Several other hedge funds and other institutional investors have also modified their holdings of VOO. JPMorgan Chase & Co. grew its stake in Vanguard S&P 500 ETF by 95.8% in the first 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 in the last quarter. Strategic Financial Concepts LLC increased its holdings in Vanguard S&P 500 ETF by 32,889.4% in the second quarter. Strategic Financial Concepts LLC now owns 7,252,393 shares of the company’s stock worth $3,627,139,000 after buying an additional 7,230,409 shares during the last quarter. Steel Grove Capital Advisors LLC raised its position in Vanguard S&P 500 ETF by 557.5% during the first quarter. Steel Grove Capital Advisors LLC now owns 3,560,049 shares of the company’s stock valued at $1,711,316,000 after acquiring an additional 3,018,626 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Vanguard S&P 500 ETF by 11.1% in the 1st quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock valued at $12,203,193,000 after acquiring an additional 2,546,192 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Vanguard S&P 500 ETF by 352.1% during the first quarter. Cetera Investment Advisers now owns 1,210,324 shares of the company’s stock valued at $581,803,000 after acquiring an additional 942,640 shares during the period.

Vanguard S&P 500 ETF Price Performance

VOO stock traded down $3.36 on Monday, reaching $534.00. 1,265,092 shares of the company were exchanged, compared to its average volume of 5,275,893. Vanguard S&P 500 ETF has a 12 month low of $375.95 and a 12 month high of $538.76. The firm has a market capitalization of $483.78 billion, a PE ratio of 25.04 and a beta of 1.00. The stock’s fifty day moving average price is $518.07 and its 200 day moving average price is $498.88.

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.