Vanguard S&P 500 ETF (NYSEARCA:VOO) Sets New 52-Week High – Time to Buy?

Vanguard S&P 500 ETF (NYSEARCA:VOO)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $689.97 and last traded at $689.42, with a volume of 870773 shares changing hands. The stock had previously closed at $685.55.

Vanguard S&P 500 ETF Stock Up 0.5%

The company has a market cap of $942.29 billion, a PE ratio of 24.97 and a beta of 1.00. The company has a 50-day moving average of $639.97 and a 200-day moving average of $632.41.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Axiom Investment Management LLC purchased a new position in Vanguard S&P 500 ETF in the first quarter worth $98,000. WNY Asset Management LLC purchased a new position in Vanguard S&P 500 ETF in the first quarter worth $21,631,000. Coastline Complete Wealth LLC purchased a new position in Vanguard S&P 500 ETF in the first quarter worth $1,806,000. Independent Wealth Advisors LLC boosted its position in Vanguard S&P 500 ETF by 38.5% in the first quarter. Independent Wealth Advisors LLC now owns 514 shares of the company’s stock worth $307,000 after purchasing an additional 143 shares during the last quarter. Finally, Wellington Grp LLC boosted its position in Vanguard S&P 500 ETF by 16.7% in the first quarter. Wellington Grp LLC now owns 1,050 shares of the company’s stock worth $628,000 after purchasing an additional 150 shares during the last quarter.

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.