Vanguard S&P 500 ETF (NYSEARCA:VOO) Stock Position Lifted by Suncoast Equity Management

Suncoast Equity Management grew its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 4.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 772 shares of the company’s stock after buying an additional 33 shares during the period. Suncoast Equity Management’s holdings in Vanguard S&P 500 ETF were worth $416,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in VOO. Asset Management One Co. Ltd. raised its holdings in shares of Vanguard S&P 500 ETF by 185.0% during the fourth quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock worth $31,000 after purchasing an additional 37 shares during the period. Prospera Private Wealth LLC acquired a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at about $46,000. Urban Financial Advisory Corp bought a new stake in shares of Vanguard S&P 500 ETF during the 3rd quarter valued at about $51,000. Kennebec Savings Bank acquired a new stake in Vanguard S&P 500 ETF during the third quarter worth about $51,000. Finally, Sugar Maple Asset Management LLC bought a new position in Vanguard S&P 500 ETF in the fourth quarter worth about $53,000.

Vanguard S&P 500 ETF Stock Down 0.4 %

Shares of VOO stock opened at $561.30 on Friday. The company has a market cap of $508.52 billion, a P/E ratio of 25.04 and a beta of 1.00. The business has a 50 day moving average of $550.35 and a two-hundred day moving average of $535.15. Vanguard S&P 500 ETF has a 52 week low of $453.60 and a 52 week high of $563.92.

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.