Sheets Smith Wealth Management Has $34.40 Million Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Sheets Smith Wealth Management lifted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 5.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,939 shares of the company’s stock after acquiring an additional 3,201 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 4.3% of Sheets Smith Wealth Management’s portfolio, making the stock its largest position. Sheets Smith Wealth Management’s holdings in Vanguard S&P 500 ETF were worth $34,401,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Shared Vision Wealth Group LLC increased its position in shares of Vanguard S&P 500 ETF by 2.7% during the 4th quarter. Shared Vision Wealth Group LLC now owns 693 shares of the company’s stock valued at $373,000 after purchasing an additional 18 shares during the last quarter. Weinberger Asset Management Inc lifted its stake in Vanguard S&P 500 ETF by 0.6% in the fourth quarter. Weinberger Asset Management Inc now owns 3,137 shares of the company’s stock worth $1,690,000 after purchasing an additional 19 shares during the last quarter. Transcendent Capital Group LLC lifted its stake in Vanguard S&P 500 ETF by 6.2% in the fourth quarter. Transcendent Capital Group LLC now owns 361 shares of the company’s stock worth $194,000 after purchasing an additional 21 shares during the last quarter. Cooper Haims Advisors LLC grew its position in Vanguard S&P 500 ETF by 0.4% in the 4th quarter. Cooper Haims Advisors LLC now owns 4,761 shares of the company’s stock valued at $2,565,000 after acquiring an additional 21 shares during the last quarter. Finally, McLean Asset Management Corp grew its position in Vanguard S&P 500 ETF by 1.5% in the 1st quarter. McLean Asset Management Corp now owns 1,421 shares of the company’s stock valued at $730,000 after acquiring an additional 21 shares during the last quarter.

Vanguard S&P 500 ETF Stock Up 1.0%

Shares of Vanguard S&P 500 ETF stock opened at $553.36 on Tuesday. The stock’s fifty day moving average is $528.96 and its two-hundred day moving average is $533.29. The company has a market capitalization of $1.56 trillion, a PE ratio of 25.72 and a beta of 1.01. Vanguard S&P 500 ETF has a 52 week low of $442.80 and a 52 week high of $563.92.

Vanguard S&P 500 ETF Company 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.