Madden Advisory Services Inc. Increases Stock Position in Vanguard S&P 500 ETF $VOO

Madden Advisory Services Inc. boosted its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 31,471 shares of the company’s stock after acquiring an additional 685 shares during the period. Vanguard S&P 500 ETF accounts for about 7.6% of Madden Advisory Services Inc.’s holdings, making the stock its 2nd biggest position. Madden Advisory Services Inc.’s holdings in Vanguard S&P 500 ETF were worth $17,877,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Afbi LP bought a new stake in Vanguard S&P 500 ETF in the first quarter worth about $20,494,431,000. Vanguard Group Inc. raised its position in shares of Vanguard S&P 500 ETF by 5.9% in the first quarter. Vanguard Group Inc. now owns 34,450,749 shares of the company’s stock valued at $17,704,584,000 after purchasing an additional 1,933,389 shares during the period. JPMorgan Chase & Co. raised its position in shares of Vanguard S&P 500 ETF by 23.9% in the first quarter. JPMorgan Chase & Co. now owns 29,230,561 shares of the company’s stock valued at $15,021,878,000 after purchasing an additional 5,647,924 shares during the period. Raymond James Financial Inc. raised its position in shares of Vanguard S&P 500 ETF by 0.9% in the first quarter. Raymond James Financial Inc. now owns 26,653,704 shares of the company’s stock valued at $13,697,605,000 after purchasing an additional 238,402 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of Vanguard S&P 500 ETF by 2.9% in the first quarter. Goldman Sachs Group Inc. now owns 13,225,319 shares of the company’s stock valued at $6,796,624,000 after purchasing an additional 373,546 shares during the period.

Vanguard S&P 500 ETF Stock Down 0.4%

NYSEARCA VOO opened at $615.20 on Wednesday. The company’s 50 day moving average is $597.36 and its 200-day moving average is $556.98. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $618.74. The firm has a market cap of $762.08 billion, a P/E 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.