Fairway Wealth LLC Has $17.06 Million Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Fairway Wealth LLC lifted its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 14.3% during the third quarter, Holdings Channel reports. The fund owned 32,327 shares of the company’s stock after acquiring an additional 4,054 shares during the quarter. Vanguard S&P 500 ETF accounts for 7.4% of Fairway Wealth LLC’s holdings, making the stock its 3rd largest position. Fairway Wealth LLC’s holdings in Vanguard S&P 500 ETF were worth $17,058,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its stake in shares of Vanguard S&P 500 ETF by 95.8% in the first quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock worth $10,212,930,000 after purchasing an additional 10,393,926 shares during the period. International Assets Investment Management LLC grew its holdings in Vanguard S&P 500 ETF by 57,975.9% in the 3rd quarter. International Assets Investment Management LLC now owns 7,915,751 shares of the company’s stock valued at $4,176,904,000 after buying an additional 7,902,121 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in Vanguard S&P 500 ETF by 32,889.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 7,252,393 shares of the company’s stock valued at $3,627,139,000 after buying an additional 7,230,409 shares during the last quarter. Steel Grove Capital Advisors LLC increased its position in Vanguard S&P 500 ETF by 557.5% in the 1st quarter. Steel Grove Capital Advisors LLC now owns 3,560,049 shares of the company’s stock worth $1,711,316,000 after buying an additional 3,018,626 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of Vanguard S&P 500 ETF by 11.1% during the first quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock worth $12,203,193,000 after buying an additional 2,546,192 shares during the last quarter.

Vanguard S&P 500 ETF Trading Up 0.4 %

VOO opened at $549.98 on Friday. Vanguard S&P 500 ETF has a 1-year low of $398.21 and a 1-year high of $551.24. The business has a 50 day moving average of $525.28 and a 200-day moving average of $505.37. The stock has a market capitalization of $498.26 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00.

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.