Vanguard S&P 500 ETF (NYSEARCA:VOO) is Red Crane Wealth Management LLC’s 9th Largest Position

Red Crane Wealth Management LLC decreased its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,475 shares of the company’s stock after selling 26 shares during the period. Vanguard S&P 500 ETF comprises 3.7% of Red Crane Wealth Management LLC’s portfolio, making the stock its 9th largest holding. Red Crane Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $3,841,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake 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 worth $17,704,584,000 after acquiring an additional 1,933,389 shares during the last quarter. Raymond James Financial Inc. bought a new position in Vanguard S&P 500 ETF during the fourth quarter valued at approximately $14,232,829,000. Bank of America Corp DE grew its position in Vanguard S&P 500 ETF by 2.2% in the fourth quarter. Bank of America Corp DE now owns 23,912,537 shares of the company’s stock worth $12,884,314,000 after acquiring an additional 511,022 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Vanguard S&P 500 ETF by 2.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,225,319 shares of the company’s stock worth $6,796,624,000 after purchasing an additional 373,546 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Vanguard S&P 500 ETF by 16.6% during the 4th quarter. Ameriprise Financial Inc. now owns 4,694,901 shares of the company’s stock valued at $2,529,676,000 after purchasing an additional 666,900 shares in the last quarter.

Vanguard S&P 500 ETF Trading Up 0.7%

VOO stock opened at $581.64 on Thursday. The firm has a market cap of $706.59 billion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $588.16. The company has a fifty day simple moving average of $565.59 and a 200 day simple moving average of $539.80.

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.