Bridges Investment Management Inc. Increases Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Bridges Investment Management Inc. boosted its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,597 shares of the company’s stock after acquiring an additional 308 shares during the period. Bridges Investment Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $15,947,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in VOO. Your Advocates Ltd. LLP bought a new position in Vanguard S&P 500 ETF in the fourth quarter worth about $29,000. Asset Management One Co. Ltd. raised its position in shares of Vanguard S&P 500 ETF by 185.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock worth $31,000 after acquiring an additional 37 shares in the last quarter. Prospera Private Wealth LLC purchased a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at approximately $46,000. Kennebec Savings Bank bought a new stake in shares of Vanguard S&P 500 ETF during the third quarter valued at approximately $51,000. Finally, Urban Financial Advisory Corp purchased a new stake in Vanguard S&P 500 ETF in the third quarter worth $51,000.

Vanguard S&P 500 ETF Trading Up 1.6 %

Shares of Vanguard S&P 500 ETF stock opened at $546.33 on Friday. The business has a fifty day simple moving average of $550.08 and a two-hundred day simple moving average of $538.06. The firm has a market capitalization of $1.45 trillion, a P/E ratio of 26.67 and a beta of 1.01. Vanguard S&P 500 ETF has a 12 month low of $453.90 and a 12 month high of $563.92.

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.