Robertson Stephens Wealth Management LLC Has $222.50 Million Stock Position in Vanguard S&P 500 ETF $VOO

Robertson Stephens Wealth Management LLC boosted its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 390,586 shares of the company’s stock after purchasing an additional 11,490 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 7.1% of Robertson Stephens Wealth Management LLC’s holdings, making the stock its biggest position. Robertson Stephens Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $222,500,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Atala Financial Inc purchased a new stake in shares of Vanguard S&P 500 ETF during the 1st quarter worth approximately $28,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the 1st quarter worth approximately $29,000. Lord & Richards Wealth Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the 1st quarter worth approximately $40,000. Bay Harbor Wealth Management LLC raised its holdings in shares of Vanguard S&P 500 ETF by 800.0% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock worth $41,000 after acquiring an additional 64 shares in the last quarter. Finally, Elevate Wealth Advisory Inc. raised its holdings in shares of Vanguard S&P 500 ETF by 83.7% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock worth $47,000 after acquiring an additional 41 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

Shares of VOO opened at $600.51 on Friday. The business’s 50 day simple moving average is $599.37 and its 200-day simple moving average is $558.49. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $619.60. The stock has a market capitalization of $747.28 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.