Sheets Smith Investment Management Invests $1.35 Million in Vanguard S&P 500 ETF $VOO

Sheets Smith Investment Management acquired a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,201 shares of the company’s stock, valued at approximately $1,348,000.

A number of other institutional investors have also made changes to their positions in the stock. Paragon Capital Management Ltd grew its holdings in Vanguard S&P 500 ETF by 3.0% during the second quarter. Paragon Capital Management Ltd now owns 628 shares of the company’s stock valued at $357,000 after purchasing an additional 18 shares during the last quarter. Washington Capital Management Inc. lifted its stake in shares of Vanguard S&P 500 ETF by 1.1% in the second quarter. Washington Capital Management Inc. now owns 1,593 shares of the company’s stock worth $905,000 after buying an additional 18 shares during the last quarter. Transcendent Capital Group LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 4.5% during the 2nd quarter. Transcendent Capital Group LLC now owns 417 shares of the company’s stock worth $237,000 after buying an additional 18 shares during the period. Pathway Financial Advisors LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 1.1% during the 2nd quarter. Pathway Financial Advisors LLC now owns 1,618 shares of the company’s stock worth $919,000 after buying an additional 18 shares during the period. Finally, WFA Asset Management Corp grew its stake in Vanguard S&P 500 ETF by 7.2% in the 2nd quarter. WFA Asset Management Corp now owns 269 shares of the company’s stock valued at $153,000 after buying an additional 18 shares during the last quarter.

Vanguard S&P 500 ETF Price Performance

Shares of VOO opened at $622.01 on Friday. The company has a market capitalization of $774.04 billion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a one year low of $442.80 and a one year high of $634.13. The company’s fifty day moving average price is $620.68 and its 200 day moving average price is $596.25.

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.