Ameriprise Financial Inc. Purchases 142,004 Shares of Vanguard S&P 500 ETF $VOO

Ameriprise Financial Inc. increased its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,313,239 shares of the company’s stock after acquiring an additional 142,004 shares during the period. Vanguard S&P 500 ETF comprises approximately 0.7% of Ameriprise Financial Inc.’s holdings, making the stock its 12th largest holding. Ameriprise Financial Inc.’s holdings in Vanguard S&P 500 ETF were worth $3,017,844,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Abbot Financial Management Inc. bought a new position in shares of Vanguard S&P 500 ETF in the second quarter valued at about $247,000. Connecticut Wealth Management LLC increased its position in Vanguard S&P 500 ETF by 13.0% in the 2nd quarter. Connecticut Wealth Management LLC now owns 22,812 shares of the company’s stock valued at $12,958,000 after acquiring an additional 2,623 shares in the last quarter. Vienna Asset Management LLC acquired a new stake in Vanguard S&P 500 ETF in the 2nd quarter valued at about $2,114,000. MGB Wealth Management LLC raised its stake in shares of Vanguard S&P 500 ETF by 3,480.0% in the second quarter. MGB Wealth Management LLC now owns 358 shares of the company’s stock worth $203,000 after acquiring an additional 348 shares during the last quarter. Finally, Spectrum Financial Alliance Ltd LLC acquired a new position in shares of Vanguard S&P 500 ETF during the second quarter worth approximately $274,000.

Vanguard S&P 500 ETF Price Performance

VOO opened at $626.87 on Friday. The stock has a market capitalization of $780.08 billion, a P/E ratio of 24.97 and a beta of 1.00. The company’s 50 day simple moving average is $620.26 and its 200-day simple moving average is $594.00. Vanguard S&P 500 ETF has a one year low of $442.80 and a one year high of $634.13.

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.