Kensington Asset Management LLC Purchases 119,821 Shares of Vanguard S&P 500 ETF $VOO

Kensington Asset Management LLC increased its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 17.4% during the first quarter, HoldingsChannel.com reports. The firm owned 809,879 shares of the company’s stock after buying an additional 119,821 shares during the period. Vanguard S&P 500 ETF accounts for about 22.6% of Kensington Asset Management LLC’s investment portfolio, making the stock its largest holding. Kensington Asset Management LLC’s holdings in Vanguard S&P 500 ETF were worth $483,943,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of VOO. Nvest Wealth Strategies Inc. acquired a new stake in Vanguard S&P 500 ETF during the fourth quarter worth $26,000. United Community Bank bought a new stake in Vanguard S&P 500 ETF in the 4th quarter valued at $27,000. Quattro Advisors LLC acquired a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at $27,000. Camelot Portfolios LLC acquired a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at $27,000. Finally, Creative Capital Management Investments LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 900.0% during the 4th quarter. Creative Capital Management Investments LLC now owns 50 shares of the company’s stock worth $31,000 after acquiring an additional 45 shares during the period.

Vanguard S&P 500 ETF Stock Performance

Shares of Vanguard S&P 500 ETF stock opened at $686.65 on Friday. The firm’s 50-day simple moving average is $685.18 and its 200-day simple moving average is $652.85. Vanguard S&P 500 ETF has a twelve month low of $569.29 and a twelve month high of $699.15. The firm has a market cap of $978.88 billion, a P/E ratio of 24.97 and a beta of 1.00.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.