Meridian Investment Counsel Inc. Increases Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Meridian Investment Counsel Inc. raised its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 66.3% in the third quarter, HoldingsChannel reports. The firm owned 2,392 shares of the company’s stock after buying an additional 954 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in Vanguard S&P 500 ETF were worth $1,262,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in VOO. Northcape Wealth Management LLC raised its holdings in Vanguard S&P 500 ETF by 28.6% in the 3rd quarter. Northcape Wealth Management LLC now owns 900 shares of the company’s stock worth $475,000 after purchasing an additional 200 shares during the period. New York Life Insurance Co. boosted its position in shares of Vanguard S&P 500 ETF by 21.9% in the third quarter. New York Life Insurance Co. now owns 531,703 shares of the company’s stock worth $280,564,000 after purchasing an additional 95,429 shares during the period. KCM Investment Advisors LLC increased its stake in shares of Vanguard S&P 500 ETF by 1.6% in the third quarter. KCM Investment Advisors LLC now owns 1,851 shares of the company’s stock worth $977,000 after purchasing an additional 30 shares in the last quarter. Bank of Marin raised its position in shares of Vanguard S&P 500 ETF by 3.3% during the 3rd quarter. Bank of Marin now owns 6,296 shares of the company’s stock valued at $3,322,000 after purchasing an additional 204 shares during the period. Finally, Valley Wealth Managers Inc. raised its position in shares of Vanguard S&P 500 ETF by 11.6% during the 3rd quarter. Valley Wealth Managers Inc. now owns 2,110 shares of the company’s stock valued at $1,114,000 after purchasing an additional 219 shares during the period.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO stock opened at $538.51 on Friday. Vanguard S&P 500 ETF has a 52-week low of $411.75 and a 52-week high of $551.73. The stock has a fifty day simple moving average of $529.25 and a two-hundred day simple moving average of $508.18. The firm has a market capitalization of $487.87 billion, a PE ratio of 25.04 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.