SVB Wealth LLC Acquires Shares of 63,585 Vanguard S&P 500 ETF (NYSEARCA:VOO)

SVB Wealth LLC bought a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 63,585 shares of the company’s stock, valued at approximately $34,260,000. Vanguard S&P 500 ETF comprises about 0.6% of SVB Wealth LLC’s investment portfolio, making the stock its 20th biggest holding.

Other hedge funds also recently made changes to their positions in the company. SOA Wealth Advisors LLC. raised its holdings in shares of Vanguard S&P 500 ETF by 2.4% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 53,036 shares of the company’s stock worth $27,985,000 after purchasing an additional 1,235 shares during the period. First Trust Direct Indexing L.P. grew its holdings in Vanguard S&P 500 ETF by 4.5% during the third quarter. First Trust Direct Indexing L.P. now owns 1,169 shares of the company’s stock valued at $617,000 after purchasing an additional 50 shares during the period. Catalyst Financial Partners LLC purchased a new stake in Vanguard S&P 500 ETF in the third quarter worth $212,000. Baron Silver Stevens Financial Advisors LLC raised its stake in shares of Vanguard S&P 500 ETF by 2.0% in the third quarter. Baron Silver Stevens Financial Advisors LLC now owns 23,122 shares of the company’s stock valued at $12,201,000 after buying an additional 444 shares during the period. Finally, Norris Perne & French LLP MI purchased a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter valued at $227,000.

Vanguard S&P 500 ETF Stock Performance

VOO stock opened at $546.33 on Friday. The stock has a fifty day moving average of $550.08 and a 200-day moving average of $537.78. Vanguard S&P 500 ETF has a fifty-two week low of $453.90 and a fifty-two week high of $563.92. The company has a market capitalization of $1.45 trillion, a price-to-earnings ratio of 26.67 and a beta of 1.01.

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.