Vanguard S&P 500 ETF $VOO Position Lifted by Lockheed Martin Investment Management Co.

Lockheed Martin Investment Management Co. boosted its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 79.0% during the third quarter, HoldingsChannel reports. The firm owned 399,205 shares of the company’s stock after buying an additional 176,205 shares during the period. Vanguard S&P 500 ETF comprises about 19.9% of Lockheed Martin Investment Management Co.’s portfolio, making the stock its biggest holding. Lockheed Martin Investment Management Co.’s holdings in Vanguard S&P 500 ETF were worth $279,787,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. AlphaCore Capital LLC grew its stake in Vanguard S&P 500 ETF by 33.9% in the 3rd quarter. AlphaCore Capital LLC now owns 171,334 shares of the company’s stock worth $120,081,000 after buying an additional 43,358 shares in the last quarter. Palacios Wealth Management LLC increased its holdings in shares of Vanguard S&P 500 ETF by 16.9% in the 3rd quarter. Palacios Wealth Management LLC now owns 1,773 shares of the company’s stock worth $1,243,000 after buying an additional 256 shares during the last quarter. Kohmann Bosshard Financial Services LLC increased its holdings in shares of Vanguard S&P 500 ETF by 0.7% in the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 37,063 shares of the company’s stock worth $25,976,000 after buying an additional 260 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Vanguard S&P 500 ETF by 2.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 525,379 shares of the company’s stock valued at $369,000,000 after buying an additional 14,523 shares in the last quarter. Finally, GreatBanc Trust CO raised its position in shares of Vanguard S&P 500 ETF by 8.1% during the 3rd quarter. GreatBanc Trust CO now owns 80,045 shares of the company’s stock valued at $56,100,000 after buying an additional 5,994 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA VOO opened at $691.87 on Tuesday. Vanguard S&P 500 ETF has a 52-week low of $578.46 and a 52-week high of $718.47. The company has a market capitalization of $1.04 trillion, a P/E ratio of 24.97 and a beta of 1.00. The company has a fifty day moving average of $703.73 and a 200-day moving average of $671.61.

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.