Allianz Asset Management GmbH Increases Stock Position in Vanguard S&P 500 ETF $VOO

Allianz Asset Management GmbH raised its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 425,079 shares of the company’s stock after purchasing an additional 12,863 shares during the quarter. Allianz Asset Management GmbH’s holdings in Vanguard S&P 500 ETF were worth $260,310,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Quaker Wealth Management LLC boosted its stake in Vanguard S&P 500 ETF by 248.4% in the second quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock worth $26,000 after buying an additional 77 shares in the last quarter. Front Row Advisors LLC boosted its position in Vanguard S&P 500 ETF by 900.0% during the second quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock valued at $28,000 after buying an additional 45 shares during the period. Bernard Wealth Management Corp. purchased a new position in shares of Vanguard S&P 500 ETF in the second quarter worth about $30,000. Corundum Trust Company INC purchased a new stake in Vanguard S&P 500 ETF during the 3rd quarter valued at about $37,000. Finally, Cedar Mountain Advisors LLC purchased a new position in Vanguard S&P 500 ETF in the 3rd quarter worth approximately $45,000.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA:VOO opened at $639.68 on Tuesday. Vanguard S&P 500 ETF has a fifty-two week low of $442.80 and a fifty-two week high of $641.81. The business has a 50 day moving average price of $631.35 and a 200-day moving average price of $613.24. The firm has a market cap of $856.03 billion, a PE ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF Company 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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.