Proffitt & Goodson Inc. Boosts Stake in Vanguard S&P 500 ETF $VOO

Proffitt & Goodson Inc. boosted its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 36.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 165,362 shares of the company’s stock after purchasing an additional 43,928 shares during the quarter. Vanguard S&P 500 ETF comprises about 14.5% of Proffitt & Goodson Inc.’s investment portfolio, making the stock its largest holding. Proffitt & Goodson Inc.’s holdings in Vanguard S&P 500 ETF were worth $101,265,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quaker Wealth Management LLC raised its position in shares of Vanguard S&P 500 ETF by 248.4% in the 2nd quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock valued at $26,000 after acquiring an additional 77 shares during the period. Front Row Advisors LLC grew its holdings in Vanguard S&P 500 ETF by 900.0% during the second quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock valued at $28,000 after purchasing an additional 45 shares during the period. Bernard Wealth Management Corp. bought a new stake in Vanguard S&P 500 ETF in the second quarter valued at approximately $30,000. Bay Harbor Wealth Management LLC raised its holdings in Vanguard S&P 500 ETF by 800.0% in the second quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock worth $41,000 after purchasing an additional 64 shares during the period. Finally, Tripletail Wealth Management LLC acquired a new stake in Vanguard S&P 500 ETF in the third quarter worth $46,000.

Vanguard S&P 500 ETF Stock Up 0.2%

Shares of VOO stock opened at $628.30 on Friday. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $636.08. The firm has a fifty day moving average of $624.77 and a 200-day moving average of $602.79. The firm has a market capitalization of $781.86 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

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