Advisory Services Network LLC Raises Stock Holdings in Vanguard S&P 500 ETF $VOO

Advisory Services Network LLC boosted its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 52,035 shares of the company’s stock after acquiring an additional 1,441 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 0.5% of Advisory Services Network LLC’s holdings, making the stock its 26th biggest holding. Advisory Services Network LLC’s holdings in Vanguard S&P 500 ETF were worth $31,865,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Front Row Advisors LLC raised its stake in shares of 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 acquiring an additional 45 shares during the last quarter. Clear Investment Research LLC bought a new stake in shares of Vanguard S&P 500 ETF in the third quarter worth about $28,000. Redmont Wealth Advisors LLC bought a new stake in shares of Vanguard S&P 500 ETF in the third quarter worth about $29,000. Corundum Trust Company INC purchased a new position in Vanguard S&P 500 ETF during the 3rd quarter valued at about $37,000. Finally, Turning Point Benefit Group Inc. bought a new position in Vanguard S&P 500 ETF during the 3rd quarter valued at approximately $41,000.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA VOO opened at $616.89 on Wednesday. The stock has a market cap of $825.53 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a fifty-two week low of $442.80 and a fifty-two week high of $641.81. The stock has a 50 day simple moving average of $630.67 and a two-hundred day simple moving average of $622.36.

Vanguard S&P 500 ETF 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.