Front Street Capital Management Inc. Has $40.21 Million Stock Holdings in Vanguard S&P 500 ETF $VOO

Front Street Capital Management Inc. reduced its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 67,288 shares of the company’s stock after selling 1,887 shares during the quarter. Vanguard S&P 500 ETF accounts for approximately 5.2% of Front Street Capital Management Inc.’s investment portfolio, making the stock its 6th largest holding. Front Street Capital Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $40,208,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Royal Bank of Canada increased its stake in shares of Vanguard S&P 500 ETF by 496.2% in the 4th quarter. Royal Bank of Canada now owns 21,356,933 shares of the company’s stock valued at $13,393,573,000 after purchasing an additional 17,774,521 shares during the last quarter. California Public Employees Retirement System raised its holdings in Vanguard S&P 500 ETF by 21.7% in the 4th quarter. California Public Employees Retirement System now owns 31,586,839 shares of the company’s stock valued at $19,809,054,000 after buying an additional 5,627,587 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Vanguard S&P 500 ETF during the fourth quarter worth $2,872,697,000. Teacher Retirement System of Texas grew its position in shares of Vanguard S&P 500 ETF by 164.7% in the 4th quarter. Teacher Retirement System of Texas now owns 6,615,774 shares of the company’s stock valued at $4,148,950,000 after buying an additional 4,116,545 shares during the last quarter. Finally, USS Investment Management Ltd boosted its holdings in Vanguard S&P 500 ETF by 760.0% in the first quarter. USS Investment Management Ltd now owns 3,495,162 shares of the company’s stock valued at $2,089,023,000 after acquiring an additional 3,088,758 shares during the last quarter.

Vanguard S&P 500 ETF Trading Up 1.7%

VOO stock opened at $681.79 on Friday. The stock has a 50-day moving average price of $685.16 and a 200-day moving average price of $652.61. Vanguard S&P 500 ETF has a 1-year low of $569.29 and a 1-year high of $699.15. The firm has a market cap of $971.95 billion, a PE ratio of 24.97 and a beta of 1.00.

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