Vanguard S&P 500 ETF (NYSEARCA:VOO) Stock Holdings Raised by Sheets Smith Wealth Management

Sheets Smith Wealth Management increased its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 63,738 shares of the company’s stock after acquiring an additional 4,468 shares during the period. Vanguard S&P 500 ETF comprises approximately 4.2% of Sheets Smith Wealth Management’s holdings, making the stock its largest position. Sheets Smith Wealth Management’s holdings in Vanguard S&P 500 ETF were worth $34,343,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VOO. Marquette Asset Management LLC purchased a new position in shares of Vanguard S&P 500 ETF in the third quarter worth $36,000. Prospera Private Wealth LLC bought a new stake in Vanguard S&P 500 ETF in the 3rd quarter worth about $46,000. Abich Financial Wealth Management LLC purchased a new position in Vanguard S&P 500 ETF in the 2nd quarter worth about $50,000. Kennebec Savings Bank bought a new position in Vanguard S&P 500 ETF during the 3rd quarter valued at about $51,000. Finally, Urban Financial Advisory Corp purchased a new stake in shares of Vanguard S&P 500 ETF during the 3rd quarter valued at about $51,000.

Vanguard S&P 500 ETF Stock Up 0.6 %

VOO opened at $557.61 on Thursday. The stock has a market capitalization of $505.17 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The firm has a 50 day moving average price of $547.67 and a 200-day moving average price of $527.71. Vanguard S&P 500 ETF has a twelve month low of $443.75 and a twelve month high of $559.96.

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.