Rakuten Investment Management Inc. Buys Shares of 867,009 Vanguard S&P 500 ETF $VOO

Rakuten Investment Management Inc. purchased a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 867,009 shares of the company’s stock, valued at approximately $528,988,000. Vanguard S&P 500 ETF comprises about 1.7% of Rakuten Investment Management Inc.’s holdings, making the stock its 6th biggest position. Rakuten Investment Management Inc. owned about 0.07% of Vanguard S&P 500 ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VOO. Capital Wealth Alliance LLC grew its holdings in shares of Vanguard S&P 500 ETF by 1.9% during the 2nd quarter. Capital Wealth Alliance LLC now owns 7,919 shares of the company’s stock worth $4,498,000 after purchasing an additional 148 shares during the period. West Paces Advisors Inc. lifted its position in Vanguard S&P 500 ETF by 1.8% in the third quarter. West Paces Advisors Inc. now owns 107,636 shares of the company’s stock valued at $65,914,000 after buying an additional 1,900 shares during the last quarter. Calamos Wealth Management LLC boosted its stake in Vanguard S&P 500 ETF by 41.2% during the third quarter. Calamos Wealth Management LLC now owns 11,856 shares of the company’s stock worth $7,260,000 after buying an additional 3,459 shares during the period. Cambridge Capital Management LLC increased its position in shares of Vanguard S&P 500 ETF by 21.5% during the third quarter. Cambridge Capital Management LLC now owns 16,424 shares of the company’s stock valued at $10,058,000 after acquiring an additional 2,905 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC raised its stake in shares of Vanguard S&P 500 ETF by 228.1% in the 3rd quarter. Capital Advisors Wealth Management LLC now owns 2,408 shares of the company’s stock valued at $1,475,000 after acquiring an additional 1,674 shares during the period.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO stock opened at $623.15 on Wednesday. The firm has a market cap of $833.91 billion, a P/E ratio of 24.97 and a beta of 1.00. The firm’s 50 day moving average price is $627.05 and its 200-day moving average price is $609.24. Vanguard S&P 500 ETF has a one year low of $442.80 and a one year high of $640.16.

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