Rakuten Securities Inc. Buys 1,130 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Rakuten Securities Inc. boosted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 37.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,157 shares of the company’s stock after acquiring an additional 1,130 shares during the period. Vanguard S&P 500 ETF accounts for 0.9% of Rakuten Securities Inc.’s investment portfolio, making the stock its 22nd biggest position. Rakuten Securities Inc.’s holdings in Vanguard S&P 500 ETF were worth $2,240,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Your Advocates Ltd. LLP purchased a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter worth about $29,000. Asset Management One Co. Ltd. lifted its position in shares of Vanguard S&P 500 ETF by 185.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock worth $31,000 after purchasing an additional 37 shares during the period. Prospera Private Wealth LLC purchased a new position in Vanguard S&P 500 ETF during the 3rd quarter valued at about $46,000. Urban Financial Advisory Corp purchased a new position in Vanguard S&P 500 ETF during the 3rd quarter valued at about $51,000. Finally, Kennebec Savings Bank purchased a new position in Vanguard S&P 500 ETF during the 3rd quarter valued at about $51,000.

Vanguard S&P 500 ETF Stock Performance

Shares of NYSEARCA VOO opened at $511.28 on Wednesday. The firm’s 50 day moving average price is $547.17 and its 200-day moving average price is $539.02. The company has a market cap of $1.36 trillion, a PE ratio of 26.67 and a beta of 1.01. Vanguard S&P 500 ETF has a 52-week low of $453.90 and a 52-week high of $563.92.

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.