Cornerstone Planning Group LLC Has $6.73 Million Position in Vanguard S&P 500 ETF $VOO

Cornerstone Planning Group LLC grew its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 629.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 10,988 shares of the company’s stock after buying an additional 9,481 shares during the period. Vanguard S&P 500 ETF makes up 0.8% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 20th biggest position. Cornerstone Planning Group LLC’s holdings in Vanguard S&P 500 ETF were worth $6,729,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Compass Financial Services Inc raised its holdings in Vanguard S&P 500 ETF by 2.0% during the 3rd quarter. Compass Financial Services Inc now owns 2,268 shares of the company’s stock worth $1,389,000 after purchasing an additional 45 shares during the last quarter. Physician Wealth Advisors Inc. raised its stake in Vanguard S&P 500 ETF by 2.0% during the third quarter. Physician Wealth Advisors Inc. now owns 4,943 shares of the company’s stock worth $3,027,000 after buying an additional 95 shares during the last quarter. Wallace Hart LLC acquired a new position in Vanguard S&P 500 ETF in the third quarter valued at $141,000. Silphium Asset Management Ltd grew its holdings in Vanguard S&P 500 ETF by 17.1% during the 3rd quarter. Silphium Asset Management Ltd now owns 116,530 shares of the company’s stock worth $71,361,000 after acquiring an additional 17,000 shares during the period. Finally, Allianz Asset Management GmbH raised its position in shares of Vanguard S&P 500 ETF by 3.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 425,079 shares of the company’s stock worth $260,310,000 after acquiring an additional 12,863 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

Shares of Vanguard S&P 500 ETF stock opened at $639.68 on Tuesday. The firm has a market cap of $856.03 billion, a price-to-earnings 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 $641.81. The stock’s 50-day moving average is $631.35 and its 200 day moving average is $613.24.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.