Sunbeam Capital Management LLC Raises Holdings in Vanguard S&P 500 ETF $VOO

Sunbeam Capital Management LLC increased its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 14.0% during the second quarter, HoldingsChannel.com reports. The fund owned 20,225 shares of the company’s stock after buying an additional 2,485 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 8.7% of Sunbeam Capital Management LLC’s investment portfolio, making the stock its 2nd largest position. Sunbeam Capital Management LLC’s holdings in Vanguard S&P 500 ETF were worth $11,524,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Atala Financial Inc bought a new stake in Vanguard S&P 500 ETF during the first quarter worth $28,000. Redmont Wealth Advisors LLC bought a new stake in Vanguard S&P 500 ETF during the first quarter worth $29,000. Bay Harbor Wealth Management LLC lifted its holdings in Vanguard S&P 500 ETF by 800.0% during the second quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock worth $41,000 after acquiring an additional 64 shares during the period. Lord & Richards Wealth Management LLC bought a new stake in Vanguard S&P 500 ETF during the first quarter worth $40,000. Finally, Elevate Wealth Advisory Inc. lifted its holdings in Vanguard S&P 500 ETF by 83.7% during the first quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock worth $47,000 after acquiring an additional 41 shares during the period.

Vanguard S&P 500 ETF Price Performance

Shares of VOO opened at $615.20 on Wednesday. The firm has a market cap of $762.08 billion, a PE ratio of 24.97 and a beta of 1.00. The stock’s fifty day moving average price is $597.36 and its two-hundred day moving average price is $556.98. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $618.74.

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.