Red Crane Wealth Management LLC Purchases Shares of 7,501 Vanguard S&P 500 ETF (NYSEARCA:VOO)

Red Crane Wealth Management LLC bought a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,501 shares of the company’s stock, valued at approximately $4,041,000. Vanguard S&P 500 ETF comprises about 3.8% of Red Crane Wealth Management LLC’s portfolio, making the stock its 7th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in Vanguard S&P 500 ETF by 13.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock valued at $12,624,419,000 after acquiring an additional 2,879,321 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in Vanguard S&P 500 ETF by 62,488.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock valued at $5,393,342,000 after buying an additional 9,993,736 shares during the period. Kedalion Capital Management LLP acquired a new stake in shares of Vanguard S&P 500 ETF during the 4th quarter valued at $2,424,795,000. Cerity Partners LLC increased its stake in shares of Vanguard S&P 500 ETF by 0.6% in the third quarter. Cerity Partners LLC now owns 3,474,212 shares of the company’s stock worth $1,833,375,000 after acquiring an additional 21,745 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Vanguard S&P 500 ETF by 139.9% during the fourth quarter. Bank of New York Mellon Corp now owns 3,402,904 shares of the company’s stock worth $1,833,519,000 after acquiring an additional 1,984,281 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of NYSEARCA VOO opened at $546.41 on Wednesday. The stock has a market cap of $1.45 trillion, a price-to-earnings ratio of 26.67 and a beta of 1.01. The business has a 50 day simple moving average of $549.92 and a 200 day simple moving average of $537.32. Vanguard S&P 500 ETF has a 52 week low of $453.90 and a 52 week 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.