Vanguard S&P 500 ETF (NYSEARCA:VOO) Sets New 12-Month High – Still a Buy?

Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) reached a new 52-week high during trading on Thursday . The stock traded as high as $538.33 and last traded at $537.14, with a volume of 550240 shares changing hands. The stock had previously closed at $535.22.

Vanguard S&P 500 ETF Trading Up 0.4 %

The stock has a market cap of $486.70 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The stock’s 50 day moving average is $516.17 and its two-hundred day moving average is $497.92.

Institutional Trading of Vanguard S&P 500 ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in VOO. Quent Capital LLC grew its stake in Vanguard S&P 500 ETF by 10.4% in the 1st quarter. Quent Capital LLC now owns 1,871 shares of the company’s stock valued at $899,000 after acquiring an additional 176 shares during the last quarter. Tocqueville Asset Management L.P. raised its position in shares of Vanguard S&P 500 ETF by 14.0% during the 1st quarter. Tocqueville Asset Management L.P. now owns 3,098 shares of the company’s stock worth $1,489,000 after purchasing an additional 380 shares during the last quarter. Francis Financial Inc. lifted its stake in Vanguard S&P 500 ETF by 1.0% in the 1st quarter. Francis Financial Inc. now owns 150,103 shares of the company’s stock valued at $72,154,000 after buying an additional 1,446 shares in the last quarter. FORVIS Wealth Advisors LLC grew its holdings in Vanguard S&P 500 ETF by 4.9% during the 1st quarter. FORVIS Wealth Advisors LLC now owns 200,541 shares of the company’s stock valued at $96,400,000 after buying an additional 9,345 shares during the last quarter. Finally, Cooper Financial Group grew its holdings in Vanguard S&P 500 ETF by 29.3% during the 1st quarter. Cooper Financial Group now owns 1,926 shares of the company’s stock valued at $926,000 after buying an additional 436 shares during the last quarter.

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.