Krane Financial Solutions LLC Makes New $822,000 Investment in Vanguard S&P 500 ETF $VOO

Krane Financial Solutions LLC purchased a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,376 shares of the company’s stock, valued at approximately $822,000. Vanguard S&P 500 ETF accounts for approximately 0.6% of Krane Financial Solutions LLC’s portfolio, making the stock its 24th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in Vanguard S&P 500 ETF by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 39,068,508 shares of the company’s stock valued at $24,501,033,000 after purchasing an additional 1,141,931 shares during the period. California Public Employees Retirement System increased its position in Vanguard S&P 500 ETF by 6.5% in the 1st quarter. California Public Employees Retirement System now owns 33,635,939 shares of the company’s stock worth $20,099,155,000 after buying an additional 2,049,100 shares during the period. Raymond James Financial Inc. increased its position in Vanguard S&P 500 ETF by 3.6% in the 4th quarter. Raymond James Financial Inc. now owns 29,347,563 shares of the company’s stock worth $18,404,737,000 after buying an additional 1,019,492 shares during the period. Bank of America Corp DE lifted its holdings in shares of Vanguard S&P 500 ETF by 1.3% during the first quarter. Bank of America Corp DE now owns 27,441,061 shares of the company’s stock worth $16,397,406,000 after buying an additional 354,072 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of Vanguard S&P 500 ETF by 496.2% during the fourth quarter. Royal Bank of Canada now owns 21,356,933 shares of the company’s stock worth $13,393,573,000 after buying an additional 17,774,521 shares during the last quarter.

Vanguard S&P 500 ETF Trading Up 0.7%

VOO opened at $686.65 on Friday. The business has a 50 day moving average of $685.18 and a 200-day moving average of $652.85. The stock has a market capitalization of $978.88 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $569.29 and a 1-year high of $699.15.

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.