Parsons Capital Management Inc. RI Buys 172 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Parsons Capital Management Inc. RI grew its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.3% during the 4th quarter, HoldingsChannel reports. The firm owned 51,378 shares of the company’s stock after acquiring an additional 172 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 1.5% of Parsons Capital Management Inc. RI’s holdings, making the stock its 9th biggest holding. Parsons Capital Management Inc. RI’s holdings in Vanguard S&P 500 ETF were worth $27,683,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake in Vanguard S&P 500 ETF by 13.7% during the third quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock worth $12,624,419,000 after acquiring an additional 2,879,321 shares in the last quarter. Raymond James & Associates increased its position in shares of Vanguard S&P 500 ETF by 1.2% during the 3rd quarter. Raymond James & Associates now owns 23,383,328 shares of the company’s stock worth $12,338,681,000 after purchasing an additional 277,818 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in Vanguard S&P 500 ETF by 57,975.9% during the 3rd quarter. International Assets Investment Management LLC now owns 7,915,751 shares of the company’s stock valued at $4,176,904,000 after purchasing an additional 7,902,121 shares during the last quarter. Cerity Partners LLC boosted its position in Vanguard S&P 500 ETF by 0.6% in the third quarter. Cerity Partners LLC now owns 3,474,212 shares of the company’s stock valued at $1,833,375,000 after buying an additional 21,745 shares in the last quarter. Finally, Assetmark Inc. grew its stake in Vanguard S&P 500 ETF by 0.7% during the third quarter. Assetmark Inc. now owns 3,152,399 shares of the company’s stock worth $1,663,426,000 after buying an additional 21,140 shares during the last quarter.

Vanguard S&P 500 ETF Trading Down 1.4 %

NYSEARCA:VOO opened at $551.23 on Tuesday. The stock has a market capitalization of $499.39 billion, a P/E ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 1 year low of $443.75 and a 1 year high of $561.66. The firm has a 50 day moving average of $548.56 and a 200-day moving average of $528.70.

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.