Penobscot Wealth Management Boosts Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Penobscot Wealth Management boosted its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,854 shares of the company’s stock after purchasing an additional 135 shares during the quarter. Vanguard S&P 500 ETF makes up 1.4% of Penobscot Wealth Management’s investment portfolio, making the stock its 18th biggest holding. Penobscot Wealth Management’s holdings in Vanguard S&P 500 ETF were worth $2,561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in VOO. Vanguard Group Inc. boosted its position in shares of Vanguard S&P 500 ETF by 11.1% in the 1st quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock valued at $12,203,193,000 after purchasing an additional 2,546,192 shares during the period. Raymond James & Associates lifted its position in Vanguard S&P 500 ETF by 1.2% during the 3rd quarter. Raymond James & Associates now owns 23,383,328 shares of the company’s stock worth $12,338,681,000 after acquiring an additional 277,818 shares during the period. JPMorgan Chase & Co. lifted its position in Vanguard S&P 500 ETF by 95.8% during the 1st quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock worth $10,212,930,000 after acquiring an additional 10,393,926 shares during the period. Envestnet Asset Management Inc. lifted its position in Vanguard S&P 500 ETF by 1.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,542,242 shares of the company’s stock worth $6,272,751,000 after acquiring an additional 160,184 shares during the period. Finally, International Assets Investment Management LLC raised its stake in shares of Vanguard S&P 500 ETF by 57,975.9% during the 3rd quarter. International Assets Investment Management LLC now owns 7,915,751 shares of the company’s stock worth $4,176,904,000 after buying an additional 7,902,121 shares in the last quarter.

Vanguard S&P 500 ETF Trading Down 2.0 %

Shares of VOO stock opened at $522.64 on Friday. The company has a market cap of $473.49 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The stock has a 50 day simple moving average of $522.74 and a 200-day simple moving average of $502.18. Vanguard S&P 500 ETF has a 12-month low of $380.56 and a 12-month high of $538.76.

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.