MML Investors Services LLC Increases Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

MML Investors Services LLC raised its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 614,446 shares of the company’s stock after acquiring an additional 13,001 shares during the quarter. Vanguard S&P 500 ETF accounts for about 1.2% of MML Investors Services LLC’s portfolio, making the stock its 11th largest position. MML Investors Services LLC’s holdings in Vanguard S&P 500 ETF were worth $324,225,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Marquette Asset Management LLC purchased a new position in shares of Vanguard S&P 500 ETF in the third quarter valued at $36,000. Prospera Private Wealth LLC acquired a new position in Vanguard S&P 500 ETF in the 3rd quarter worth $46,000. Abich Financial Wealth Management LLC purchased a new position in Vanguard S&P 500 ETF in the 2nd quarter valued at about $50,000. Kennebec Savings Bank acquired a new stake in shares of Vanguard S&P 500 ETF during the third quarter valued at about $51,000. Finally, Urban Financial Advisory Corp purchased a new stake in shares of Vanguard S&P 500 ETF during the third quarter worth about $51,000.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO opened at $558.82 on Friday. Vanguard S&P 500 ETF has a one year low of $419.28 and a one year high of $559.96. The stock has a 50-day moving average price of $538.95 and a 200 day moving average price of $516.13. The company has a market capitalization of $506.27 billion, a P/E ratio of 25.04 and a beta of 1.00.

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.