GeoWealth Management LLC Increases Stake in Vanguard S&P 500 ETF $VOO

GeoWealth Management LLC boosted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 16.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 358,620 shares of the company’s stock after purchasing an additional 50,007 shares during the quarter. Vanguard S&P 500 ETF accounts for about 8.0% of GeoWealth Management LLC’s holdings, making the stock its largest holding. GeoWealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $203,705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Afbi LP bought a new stake in Vanguard S&P 500 ETF during the first quarter valued at approximately $20,494,431,000. Vanguard Group Inc. lifted its holdings in shares of Vanguard S&P 500 ETF by 6.7% during the 2nd quarter. Vanguard Group Inc. now owns 36,763,979 shares of the company’s stock worth $20,883,043,000 after acquiring an additional 2,313,230 shares during the last quarter. JPMorgan Chase & Co. grew its position in Vanguard S&P 500 ETF by 23.9% in the first quarter. JPMorgan Chase & Co. now owns 29,230,561 shares of the company’s stock worth $15,021,878,000 after acquiring an additional 5,647,924 shares in the last quarter. Raymond James Financial Inc. grew its position in Vanguard S&P 500 ETF by 0.9% in the first quarter. Raymond James Financial Inc. now owns 26,653,704 shares of the company’s stock worth $13,697,605,000 after acquiring an additional 238,402 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Vanguard S&P 500 ETF by 2.9% in the first quarter. Goldman Sachs Group Inc. now owns 13,225,319 shares of the company’s stock valued at $6,796,624,000 after acquiring an additional 373,546 shares during the last quarter.

Vanguard S&P 500 ETF Stock Up 0.1%

NYSEARCA VOO opened at $629.30 on Friday. The stock’s 50-day simple moving average is $618.21 and its two-hundred day simple moving average is $590.17. Vanguard S&P 500 ETF has a twelve month low of $442.80 and a twelve month high of $634.13. The company has a market capitalization of $783.11 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF Profile

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.