Rakuten Securities Inc. Makes New $1.27 Million Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Rakuten Securities Inc. purchased a new stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,911 shares of the company’s stock, valued at approximately $1,272,000. Vanguard S&P 500 ETF makes up 1.0% of Rakuten Securities Inc.’s investment portfolio, making the stock its 20th biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. River Street Advisors LLC boosted its position in shares of Vanguard S&P 500 ETF by 4.6% in the fourth quarter. River Street Advisors LLC now owns 1,305 shares of the company’s stock valued at $570,000 after acquiring an additional 57 shares during the period. Sightline Wealth Advisors LLC boosted its holdings in Vanguard S&P 500 ETF by 15.6% in the 4th quarter. Sightline Wealth Advisors LLC now owns 2,752 shares of the company’s stock valued at $1,202,000 after purchasing an additional 371 shares during the period. Phillips Financial Management LLC grew its position in shares of Vanguard S&P 500 ETF by 0.4% during the 3rd quarter. Phillips Financial Management LLC now owns 75,969 shares of the company’s stock valued at $29,833,000 after purchasing an additional 275 shares in the last quarter. LVW Advisors LLC increased its holdings in shares of Vanguard S&P 500 ETF by 16.8% in the fourth quarter. LVW Advisors LLC now owns 3,755 shares of the company’s stock worth $1,640,000 after purchasing an additional 540 shares during the period. Finally, Wellington Management Group LLP raised its position in shares of Vanguard S&P 500 ETF by 25.1% in the third quarter. Wellington Management Group LLP now owns 91,239 shares of the company’s stock worth $35,830,000 after buying an additional 18,314 shares in the last quarter.

Vanguard S&P 500 ETF Stock Down 0.6 %

NYSEARCA:VOO traded down $2.91 during trading hours on Wednesday, hitting $459.87. 3,427,469 shares of the company’s stock traded hands, compared to its average volume of 5,418,557. The firm has a market cap of $416.62 billion, a P/E ratio of 25.59 and a beta of 1.00. The business’s fifty day simple moving average is $469.75 and its two-hundred day simple moving average is $437.03. Vanguard S&P 500 ETF has a 52 week low of $370.92 and a 52 week high of $483.23.

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.