Scarborough Advisors LLC Makes New Investment in Vanguard S&P 500 ETF $VOO

Scarborough Advisors LLC bought a new stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the first quarter, HoldingsChannel.com reports. The fund bought 37,264 shares of the company’s stock, valued at approximately $22,267,000. Vanguard S&P 500 ETF comprises 2.4% of Scarborough Advisors LLC’s holdings, making the stock its 12th biggest holding.

Several other institutional investors also recently made changes to their positions in VOO. Royal Bank of Canada lifted its holdings in shares of Vanguard S&P 500 ETF by 496.2% in the 4th quarter. Royal Bank of Canada now owns 21,356,933 shares of the company’s stock worth $13,393,573,000 after purchasing an additional 17,774,521 shares during the last quarter. California Public Employees Retirement System increased its position in Vanguard S&P 500 ETF by 21.7% in the fourth quarter. California Public Employees Retirement System now owns 31,586,839 shares of the company’s stock worth $19,809,054,000 after buying an additional 5,627,587 shares during the period. Marshall Wace LLP acquired a new stake in Vanguard S&P 500 ETF in the fourth quarter worth $2,872,697,000. Teacher Retirement System of Texas lifted its stake in Vanguard S&P 500 ETF by 164.7% in the fourth quarter. Teacher Retirement System of Texas now owns 6,615,774 shares of the company’s stock valued at $4,148,950,000 after buying an additional 4,116,545 shares during the last quarter. Finally, USS Investment Management Ltd lifted its stake in Vanguard S&P 500 ETF by 760.0% in the first quarter. USS Investment Management Ltd now owns 3,495,162 shares of the company’s stock valued at $2,089,023,000 after buying an additional 3,088,758 shares during the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO opened at $683.17 on Monday. The firm has a fifty day moving average of $685.12 and a 200-day moving average of $649.53. The company has a market cap of $973.92 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1 year low of $569.29 and a 1 year high of $699.15.

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.