Vanguard S&P 500 ETF (NYSEARCA:VOO) Reaches New 52-Week High – Still a Buy?

Vanguard S&P 500 ETF (NYSEARCA:VOO)’s share price reached a new 52-week high on Monday . The company traded as high as $554.99 and last traded at $554.47, with a volume of 1325424 shares traded. The stock had previously closed at $553.45.

Vanguard S&P 500 ETF Stock Up 0.0 %

The firm has a market cap of $502.93 billion, a PE ratio of 25.04 and a beta of 1.00. The business has a 50-day moving average price of $537.02 and a two-hundred day moving average price of $514.84.

Institutional Investors Weigh In On Vanguard S&P 500 ETF

A number of hedge funds have recently bought and sold shares of the stock. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Vanguard S&P 500 ETF by 78.2% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,866 shares of the company’s stock worth $3,623,000 after buying an additional 3,014 shares during the period. Chesley Taft & Associates LLC grew its holdings in Vanguard S&P 500 ETF by 7.4% during the 2nd quarter. Chesley Taft & Associates LLC now owns 3,007 shares of the company’s stock worth $1,504,000 after acquiring an additional 206 shares in the last quarter. Hexagon Capital Partners LLC increased its position in shares of Vanguard S&P 500 ETF by 481.0% in the 2nd quarter. Hexagon Capital Partners LLC now owns 122 shares of the company’s stock valued at $61,000 after purchasing an additional 101 shares during the last quarter. Vishria Bird Financial Group LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at $290,000. Finally, Chevy Chase Trust Holdings LLC lifted its position in shares of Vanguard S&P 500 ETF by 11.4% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 10,597 shares of the company’s stock worth $5,300,000 after purchasing an additional 1,083 shares during the last quarter.

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.