BIP Wealth LLC Raises Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

BIP Wealth LLC increased its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 18.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,547 shares of the company’s stock after acquiring an additional 876 shares during the period. BIP Wealth LLC’s holdings in Vanguard S&P 500 ETF were worth $2,850,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VOO. Schrum Private Wealth Management LLC lifted its stake in Vanguard S&P 500 ETF by 5.2% in the first quarter. Schrum Private Wealth Management LLC now owns 5,922 shares of the company’s stock worth $3,043,000 after purchasing an additional 292 shares during the last quarter. Bridgewater Advisors Inc. increased its stake in Vanguard S&P 500 ETF by 0.8% during the 1st quarter. Bridgewater Advisors Inc. now owns 18,279 shares of the company’s stock valued at $9,313,000 after purchasing an additional 150 shares in the last quarter. Tectonic Advisors LLC raised its stake in Vanguard S&P 500 ETF by 2.6% in the 1st quarter. Tectonic Advisors LLC now owns 186,676 shares of the company’s stock worth $95,935,000 after acquiring an additional 4,762 shares during the last quarter. Kornitzer Capital Management Inc. KS raised its stake in shares of Vanguard S&P 500 ETF by 37.1% in the first quarter. Kornitzer Capital Management Inc. KS now owns 7,198 shares of the company’s stock worth $3,699,000 after purchasing an additional 1,947 shares during the last quarter. Finally, Larson Financial Group LLC raised its holdings in shares of Vanguard S&P 500 ETF by 8.9% during the first quarter. Larson Financial Group LLC now owns 289,989 shares of the company’s stock worth $149,028,000 after purchasing an additional 23,761 shares during the last quarter.

Vanguard S&P 500 ETF Stock Up 0.4%

Shares of VOO opened at $575.56 on Tuesday. Vanguard S&P 500 ETF has a 52 week low of $442.80 and a 52 week high of $577.20. The company has a market capitalization of $697.14 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The stock’s 50-day moving average price is $550.24 and its 200-day moving average price is $535.21.

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.