Richardson Capital Management LLC Has $1.03 Million Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Richardson Capital Management LLC increased its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 59.6% in the 1st quarter, Holdings Channel reports. The firm owned 2,147 shares of the company’s stock after buying an additional 802 shares during the quarter. Vanguard S&P 500 ETF comprises approximately 0.8% of Richardson Capital Management LLC’s investment portfolio, making the stock its 8th biggest position. Richardson Capital Management LLC’s holdings in Vanguard S&P 500 ETF were worth $1,032,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of VOO. Bank of Nova Scotia lifted its holdings in shares of Vanguard S&P 500 ETF by 1.1% during the third quarter. Bank of Nova Scotia now owns 5,943 shares of the company’s stock valued at $2,332,000 after acquiring an additional 64 shares during the period. Rehmann Capital Advisory Group lifted its holdings in shares of Vanguard S&P 500 ETF by 1.2% during the third quarter. Rehmann Capital Advisory Group now owns 2,156 shares of the company’s stock valued at $847,000 after acquiring an additional 25 shares during the period. Gallagher Fiduciary Advisors LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 20.3% during the third quarter. Gallagher Fiduciary Advisors LLC now owns 1,098 shares of the company’s stock valued at $431,000 after acquiring an additional 185 shares during the period. New England Asset Management Inc. lifted its holdings in shares of Vanguard S&P 500 ETF by 55.3% during the third quarter. New England Asset Management Inc. now owns 27,800 shares of the company’s stock valued at $10,917,000 after acquiring an additional 9,900 shares during the period. Finally, Gateway Advisory LLC bought a new position in shares of Vanguard S&P 500 ETF during the third quarter valued at $208,000.

Vanguard S&P 500 ETF Stock Performance

Shares of NYSEARCA VOO traded down $1.93 during midday trading on Friday, reaching $500.13. 5,598,571 shares of the company traded hands, compared to its average volume of 5,176,927. The firm has a market cap of $453.10 billion, a PE ratio of 25.04 and a beta of 1.00. The stock’s 50-day simple moving average is $485.02 and its 200-day simple moving average is $466.41. Vanguard S&P 500 ETF has a 12 month low of $375.95 and a 12 month high of $505.74.

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.