Schechter Investment Advisors LLC Raises Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Schechter Investment Advisors LLC raised its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,383 shares of the company’s stock after buying an additional 148 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $1,284,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC increased its stake in shares of Vanguard S&P 500 ETF by 22,099.4% during the 4th quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock worth $19,422,195,000 after purchasing an additional 35,884,088 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of Vanguard S&P 500 ETF by 62,488.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock worth $5,393,342,000 after purchasing an additional 9,993,736 shares in the last quarter. Kedalion Capital Management LLP purchased a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth approximately $2,424,795,000. JPMorgan Chase & Co. increased its stake in shares of Vanguard S&P 500 ETF by 13.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock worth $12,624,419,000 after purchasing an additional 2,879,321 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Vanguard S&P 500 ETF by 139.9% during the 4th quarter. Bank of New York Mellon Corp now owns 3,402,904 shares of the company’s stock worth $1,833,519,000 after purchasing an additional 1,984,281 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

Shares of VOO opened at $536.92 on Tuesday. The firm has a 50 day simple moving average of $549.88 and a 200-day simple moving average of $538.53. Vanguard S&P 500 ETF has a 1-year low of $453.90 and a 1-year high of $563.92. The stock has a market cap of $1.43 trillion, a price-to-earnings ratio of 26.67 and a beta of 1.01.

Vanguard S&P 500 ETF 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.