Manning & Napier Advisors LLC Invests $63.33 Million in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Manning & Napier Advisors LLC purchased a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 126,627 shares of the company’s stock, valued at approximately $63,330,000.

Other hedge funds have also made changes to their positions in the company. Mark Sheptoff Financial Planning LLC bought a new position in Vanguard S&P 500 ETF during the fourth quarter valued at approximately $25,000. Element Wealth LLC bought a new position in Vanguard S&P 500 ETF during the fourth quarter valued at approximately $35,000. Creekmur Asset Management LLC bought a new position in Vanguard S&P 500 ETF during the fourth quarter valued at approximately $37,000. Elevate Wealth Advisory Inc. bought a new position in Vanguard S&P 500 ETF during the first quarter valued at approximately $39,000. Finally, AlphaMark Advisors LLC raised its position in Vanguard S&P 500 ETF by 641.7% during the first quarter. AlphaMark Advisors LLC now owns 89 shares of the company’s stock valued at $43,000 after acquiring an additional 77 shares in the last quarter.

Vanguard S&P 500 ETF Stock Up 0.4 %

VOO stock traded up $1.94 during midday trading on Friday, hitting $489.67. 7,659,037 shares of the company traded hands, compared to its average volume of 5,191,735. Vanguard S&P 500 ETF has a twelve month low of $375.95 and a twelve month high of $519.40. The business has a 50 day simple moving average of $500.24 and a 200-day simple moving average of $479.71. The stock has a market capitalization of $443.62 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.