Proffitt & Goodson Inc. Boosts Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Proffitt & Goodson Inc. grew its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 106,062 shares of the company’s stock after acquiring an additional 2,833 shares during the quarter. Vanguard S&P 500 ETF accounts for approximately 9.5% of Proffitt & Goodson Inc.’s investment portfolio, making the stock its 2nd biggest position. Proffitt & Goodson Inc.’s holdings in Vanguard S&P 500 ETF were worth $57,147,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of VOO. West Michigan Advisors LLC grew its position in shares of Vanguard S&P 500 ETF by 4.5% during the 4th quarter. West Michigan Advisors LLC now owns 10,517 shares of the company’s stock worth $5,666,000 after purchasing an additional 451 shares in the last quarter. Poplar Forest Capital LLC bought a new position in Vanguard S&P 500 ETF during the 4th quarter worth $294,000. Providence First Trust Co bought a new stake in shares of Vanguard S&P 500 ETF during the 4th quarter valued at $149,000. Fisher Asset Management LLC grew its holdings in shares of Vanguard S&P 500 ETF by 2.4% during the 4th quarter. Fisher Asset Management LLC now owns 1,743,203 shares of the company’s stock worth $939,256,000 after purchasing an additional 40,301 shares in the last quarter. Finally, Conservest Capital Advisors Inc. increased its position in shares of Vanguard S&P 500 ETF by 5.0% in the fourth quarter. Conservest Capital Advisors Inc. now owns 732 shares of the company’s stock worth $395,000 after purchasing an additional 35 shares during the period.

Vanguard S&P 500 ETF Stock Up 1.6 %

VOO opened at $546.33 on Friday. The company has a 50-day simple moving average of $550.08 and a 200 day simple moving average of $537.78. The stock has a market capitalization of $1.45 trillion, a price-to-earnings ratio of 26.67 and a beta of 1.01. Vanguard S&P 500 ETF has a twelve month low of $453.90 and a twelve month high of $563.92.

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.