Jessup Wealth Management Inc Boosts Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Jessup Wealth Management Inc increased its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 12.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 3,282 shares of the company’s stock after buying an additional 360 shares during the period. Jessup Wealth Management Inc’s holdings in Vanguard S&P 500 ETF were worth $1,578,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of VOO. Raymond James & Associates raised its stake in shares of Vanguard S&P 500 ETF by 1.7% in the fourth quarter. Raymond James & Associates now owns 23,203,848 shares of the company’s stock valued at $10,135,441,000 after buying an additional 383,340 shares during the period. Vanguard Group Inc. lifted its holdings in Vanguard S&P 500 ETF by 5.7% during the fourth quarter. Vanguard Group Inc. now owns 22,840,105 shares of the company’s stock valued at $9,976,558,000 after purchasing an additional 1,233,726 shares during the last quarter. Cerity Partners LLC boosted its position in Vanguard S&P 500 ETF by 850.0% during the fourth quarter. Cerity Partners LLC now owns 8,877,995 shares of the company’s stock worth $3,877,908,000 after purchasing an additional 7,943,467 shares during the period. International Assets Investment Management LLC increased its stake in shares of Vanguard S&P 500 ETF by 48,075.4% in the fourth quarter. International Assets Investment Management LLC now owns 5,158,618 shares of the company’s stock worth $2,253,284,000 after purchasing an additional 5,147,910 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of Vanguard S&P 500 ETF by 10.0% in the fourth quarter. Wells Fargo & Company MN now owns 4,217,243 shares of the company’s stock valued at $1,842,092,000 after purchasing an additional 383,000 shares during the period.

Vanguard S&P 500 ETF Stock Down 0.4 %

VOO traded down $2.07 on Friday, hitting $501.78. The company’s stock had a trading volume of 3,226,137 shares, compared to its average volume of 5,157,828. The company’s 50 day simple moving average is $483.22 and its 200-day simple moving average is $465.34. Vanguard S&P 500 ETF has a 12 month low of $375.95 and a 12 month high of $505.74. The firm has a market cap of $454.59 billion, a P/E ratio of 25.04 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.