Sunbeam Capital Management LLC Takes Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Sunbeam Capital Management LLC bought a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,016 shares of the company’s stock, valued at approximately $8,091,000. Vanguard S&P 500 ETF makes up about 7.5% of Sunbeam Capital Management LLC’s holdings, making the stock its 2nd largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of VOO. Proficio Capital Partners LLC lifted its holdings in Vanguard S&P 500 ETF by 22,099.4% during the 4th quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock valued at $19,422,195,000 after purchasing an additional 35,884,088 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter worth approximately $14,232,829,000. California Public Employees Retirement System acquired a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter worth approximately $9,202,879,000. Strategic Financial Concepts LLC raised its stake in shares of Vanguard S&P 500 ETF by 62,488.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock valued at $5,393,342,000 after acquiring an additional 9,993,736 shares during the last quarter. Finally, Kedalion Capital Management LLP acquired a new position in shares of Vanguard S&P 500 ETF in the 4th quarter worth approximately $2,424,795,000.

Vanguard S&P 500 ETF Price Performance

VOO stock opened at $532.40 on Friday. The business has a fifty day moving average price of $509.56 and a 200 day moving average price of $533.69. Vanguard S&P 500 ETF has a fifty-two week low of $442.80 and a fifty-two week high of $563.92. The stock has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 25.18 and a beta of 1.01.

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.