Assetmark Inc. Purchases 260,752 Shares of Vanguard S&P 500 ETF $VOO

Assetmark Inc. raised its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,723,036 shares of the company’s stock after acquiring an additional 260,752 shares during the quarter. Vanguard S&P 500 ETF makes up about 4.5% of Assetmark Inc.’s holdings, making the stock its 3rd biggest holding. Assetmark Inc. owned about 0.27% of Vanguard S&P 500 ETF worth $2,224,700,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VOO. Nvest Wealth Strategies Inc. acquired a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth about $26,000. Camelot Portfolios LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the 4th quarter worth about $27,000. United Community Bank purchased a new stake in Vanguard S&P 500 ETF during the fourth quarter worth approximately $27,000. Quattro Advisors LLC acquired a new position in Vanguard S&P 500 ETF in the fourth quarter valued at approximately $27,000. Finally, Creative Capital Management Investments LLC boosted its holdings in Vanguard S&P 500 ETF by 900.0% in the fourth quarter. Creative Capital Management Investments LLC now owns 50 shares of the company’s stock valued at $31,000 after purchasing an additional 45 shares in the last quarter.

Vanguard S&P 500 ETF Trading Down 0.5%

VOO stock opened at $690.14 on Friday. Vanguard S&P 500 ETF has a twelve month low of $569.29 and a twelve month high of $699.15. The company’s 50 day moving average is $685.02 and its two-hundred day moving average is $649.17. The stock has a market cap of $983.86 billion, a P/E ratio of 24.97 and a beta of 1.00.

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.