Redwood Investment Management LLC Has $34.45 Million Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Redwood Investment Management LLC lifted its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,945 shares of the company’s stock after purchasing an additional 777 shares during the period. Vanguard S&P 500 ETF accounts for approximately 3.3% of Redwood Investment Management LLC’s investment portfolio, making the stock its 5th biggest holding. Redwood Investment Management LLC’s holdings in Vanguard S&P 500 ETF were worth $34,454,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in VOO. Barclays PLC increased its position in Vanguard S&P 500 ETF by 3.4% during the third quarter. Barclays PLC now owns 477,485 shares of the company’s stock worth $251,955,000 after acquiring an additional 15,898 shares during the period. Principal Financial Group Inc. grew its position in shares of Vanguard S&P 500 ETF by 6.8% during the 3rd quarter. Principal Financial Group Inc. now owns 58,044 shares of the company’s stock worth $30,628,000 after purchasing an additional 3,717 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Vanguard S&P 500 ETF by 13.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock worth $12,624,419,000 after purchasing an additional 2,879,321 shares in the last quarter. RMR Wealth Builders increased its holdings in shares of Vanguard S&P 500 ETF by 6.8% during the fourth quarter. RMR Wealth Builders now owns 161,037 shares of the company’s stock worth $86,769,000 after purchasing an additional 10,186 shares during the period. Finally, Cypress Financial Planning LLC raised its position in shares of Vanguard S&P 500 ETF by 16.7% in the fourth quarter. Cypress Financial Planning LLC now owns 868 shares of the company’s stock valued at $468,000 after buying an additional 124 shares in the last quarter.

Vanguard S&P 500 ETF Trading Up 0.1%

Shares of VOO stock opened at $540.11 on Thursday. The stock has a market cap of $1.52 trillion, a P/E ratio of 25.18 and a beta of 1.01. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $563.92. The stock has a 50 day simple moving average of $505.90 and a 200 day simple moving average of $533.19.

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.