FFT Wealth Management LLC Buys Shares of 268,212 Vanguard S&P 500 ETF (NYSEARCA:VOO)

FFT Wealth Management LLC acquired a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the fourth quarter, HoldingsChannel reports. The fund acquired 268,212 shares of the company’s stock, valued at approximately $117,155,000. Vanguard S&P 500 ETF accounts for 10.1% of FFT Wealth Management LLC’s holdings, making the stock its 3rd biggest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cerity Partners LLC grew its holdings in shares of Vanguard S&P 500 ETF by 850.0% in the 4th quarter. Cerity Partners LLC now owns 8,877,995 shares of the company’s stock valued at $3,877,908,000 after buying an additional 7,943,467 shares during the period. International Assets Investment Management LLC grew its stake in Vanguard S&P 500 ETF by 48,075.4% in the fourth quarter. International Assets Investment Management LLC now owns 5,158,618 shares of the company’s stock valued at $2,253,284,000 after acquiring an additional 5,147,910 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Vanguard S&P 500 ETF in the third quarter worth about $869,104,000. BKM Wealth Management LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter worth about $718,554,000. Finally, Raymond James & Associates lifted its holdings in shares of Vanguard S&P 500 ETF by 7.2% during the 3rd quarter. Raymond James & Associates now owns 22,820,508 shares of the company’s stock valued at $8,961,614,000 after purchasing an additional 1,541,029 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA VOO traded down $1.56 during trading hours on Wednesday, reaching $459.87. 6,105,861 shares of the company’s stock were exchanged, compared to its average volume of 5,496,007. The company has a market capitalization of $416.62 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The company’s 50-day moving average is $470.51 and its two-hundred day moving average is $441.79. Vanguard S&P 500 ETF has a one year low of $370.92 and a one year high of $483.23.

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.