Vanguard S&P 500 ETF $VOO Stock Position Boosted by Assetmark Inc.

Assetmark Inc. increased its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.5% in the first quarter, Holdings Channel reports. The firm owned 3,723,036 shares of the company’s stock after buying an additional 260,752 shares during the quarter. Vanguard S&P 500 ETF accounts for 4.5% of Assetmark Inc.’s investment portfolio, making the stock its 3rd biggest holding. Assetmark Inc.’s holdings in Vanguard S&P 500 ETF were worth $2,224,700,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Angeles Wealth Management LLC increased its stake in Vanguard S&P 500 ETF by 1.0% in the 1st quarter. Angeles Wealth Management LLC now owns 164,274 shares of the company’s stock valued at $98,162,000 after buying an additional 1,586 shares during the period. Clearstead Trust LLC lifted its stake in shares of Vanguard S&P 500 ETF by 8.4% in the 1st quarter. Clearstead Trust LLC now owns 4,664 shares of the company’s stock worth $2,787,000 after acquiring an additional 360 shares during the period. SteelPeak Wealth LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 4.7% in the first quarter. SteelPeak Wealth LLC now owns 12,812 shares of the company’s stock valued at $7,656,000 after acquiring an additional 572 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 2.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 523,144 shares of the company’s stock valued at $315,090,000 after acquiring an additional 14,034 shares in the last quarter. Finally, Thayer Partners LLC MA increased its stake in shares of Vanguard S&P 500 ETF by 5.1% during the first quarter. Thayer Partners LLC MA now owns 62,595 shares of the company’s stock worth $37,404,000 after acquiring an additional 3,031 shares during the period.

Vanguard S&P 500 ETF Stock Down 0.5%

NYSEARCA VOO opened at $690.14 on Friday. The stock has a market capitalization of $983.86 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 52-week low of $569.29 and a 52-week high of $699.15. The firm has a 50-day moving average price of $685.02 and a 200 day moving average price of $649.17.

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.