Sawgrass Asset Management LLC Makes New Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Sawgrass Asset Management LLC purchased a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the 4th quarter, Holdings Channel.com reports. The fund purchased 750 shares of the company’s stock, valued at approximately $328,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VOO. Life Planning Partners Inc bought a new position in shares of Vanguard S&P 500 ETF in the fourth quarter valued at about $25,000. Motco raised its position in shares of Vanguard S&P 500 ETF by 172.0% in the third quarter. Motco now owns 68 shares of the company’s stock valued at $27,000 after purchasing an additional 43 shares during the period. Element Wealth LLC bought a new position in shares of Vanguard S&P 500 ETF in the fourth quarter valued at about $35,000. Blume Capital Management Inc. raised its position in shares of Vanguard S&P 500 ETF by 833.3% in the third quarter. Blume Capital Management Inc. now owns 112 shares of the company’s stock valued at $44,000 after purchasing an additional 100 shares during the period. Finally, Woodard & Co. Asset Management Group Inc. ADV bought a new position in shares of Vanguard S&P 500 ETF in the fourth quarter valued at about $52,000.

Vanguard S&P 500 ETF Stock Up 0.1 %

Shares of VOO traded up $0.66 during trading hours on Tuesday, hitting $475.38. The company had a trading volume of 3,446,468 shares, compared to its average volume of 5,437,092. The firm has a market cap of $430.68 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The business has a fifty day moving average of $470.97 and a 200-day moving average of $444.38. Vanguard S&P 500 ETF has a 12 month low of $375.64 and a 12 month high of $483.23.

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.