Vanguard S&P 500 ETF (NYSEARCA:VOO) Reaches New 1-Year High – Here’s What Happened

Vanguard S&P 500 ETF (NYSEARCA:VOO) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $634.27 and last traded at $634.4560, with a volume of 1784906 shares. The stock had previously closed at $632.67.

Vanguard S&P 500 ETF Stock Up 0.3%

The company has a market cap of $789.93 billion, a P/E ratio of 24.97 and a beta of 1.00. The business has a fifty day simple moving average of $623.12 and a two-hundred day simple moving average of $599.19.

Institutional Trading of Vanguard S&P 500 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital Wealth Alliance LLC raised its holdings in shares of Vanguard S&P 500 ETF by 1.9% in the second quarter. Capital Wealth Alliance LLC now owns 7,919 shares of the company’s stock worth $4,498,000 after buying an additional 148 shares during the period. Fermata Advisors LLC increased its stake in Vanguard S&P 500 ETF by 21.5% in the third quarter. Fermata Advisors LLC now owns 15,139 shares of the company’s stock worth $9,271,000 after purchasing an additional 2,680 shares during the period. Dynamic Advisor Solutions LLC lifted its position in shares of Vanguard S&P 500 ETF by 30.9% during the third quarter. Dynamic Advisor Solutions LLC now owns 28,602 shares of the company’s stock worth $17,515,000 after purchasing an additional 6,748 shares during the last quarter. Affinity Capital Advisors LLC boosted its stake in shares of Vanguard S&P 500 ETF by 66.3% during the second quarter. Affinity Capital Advisors LLC now owns 9,297 shares of the company’s stock valued at $5,281,000 after purchasing an additional 3,707 shares during the period. Finally, CRA Financial Services LLC boosted its stake in shares of Vanguard S&P 500 ETF by 12.6% during the second quarter. CRA Financial Services LLC now owns 15,583 shares of the company’s stock valued at $8,852,000 after purchasing an additional 1,745 shares during the period.

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.