Synovus Financial Corp Buys 53,834 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Synovus Financial Corp boosted its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 100.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 107,643 shares of the company’s stock after acquiring an additional 53,834 shares during the quarter. Vanguard S&P 500 ETF accounts for 0.7% of Synovus Financial Corp’s portfolio, making the stock its 25th biggest holding. Synovus Financial Corp’s holdings in Vanguard S&P 500 ETF were worth $56,799,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Fiduciary Financial Group LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the 2nd quarter worth $328,000. Silver Lake Advisory LLC purchased a new position in Vanguard S&P 500 ETF during the second quarter valued at approximately $25,119,000. Stanley Laman Group Ltd. lifted its stake in shares of Vanguard S&P 500 ETF by 50.1% in the 2nd quarter. Stanley Laman Group Ltd. now owns 9,284 shares of the company’s stock valued at $4,643,000 after purchasing an additional 3,097 shares during the period. Brookstone Capital Management raised its holdings in Vanguard S&P 500 ETF by 19.7% in the 2nd quarter. Brookstone Capital Management now owns 68,482 shares of the company’s stock worth $35,048,000 after purchasing an additional 11,273 shares during the period. Finally, Gradient Investments LLC lifted its holdings in Vanguard S&P 500 ETF by 16.0% during the second quarter. Gradient Investments LLC now owns 2,286 shares of the company’s stock valued at $1,143,000 after purchasing an additional 315 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO opened at $555.65 on Friday. Vanguard S&P 500 ETF has a one year low of $426.51 and a one year high of $559.96. The stock has a market capitalization of $503.40 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The stock has a 50 day moving average price of $541.54 and a 200 day moving average price of $517.87.

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.