Sumitomo Life Insurance Co. Acquires 4,600 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Sumitomo Life Insurance Co. lifted its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 10.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 50,500 shares of the company’s stock after purchasing an additional 4,600 shares during the period. Vanguard S&P 500 ETF comprises about 0.5% of Sumitomo Life Insurance Co.’s investment portfolio, making the stock its 18th biggest position. Sumitomo Life Insurance Co.’s holdings in Vanguard S&P 500 ETF were worth $27,210,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Marquette Asset Management LLC purchased a new position in Vanguard S&P 500 ETF during the 3rd quarter valued at $36,000. Prospera Private Wealth LLC bought a new stake in Vanguard S&P 500 ETF during the 3rd quarter valued at approximately $46,000. Kennebec Savings Bank purchased a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter worth approximately $51,000. Urban Financial Advisory Corp bought a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter worth approximately $51,000. Finally, Mendota Financial Group LLC purchased a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at approximately $53,000.

Vanguard S&P 500 ETF Stock Up 0.8 %

Shares of VOO stock opened at $555.85 on Wednesday. Vanguard S&P 500 ETF has a twelve month low of $443.75 and a twelve month high of $561.66. The stock has a market cap of $503.58 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The business’s fifty day moving average is $548.77 and its 200 day moving average is $528.98.

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.