Okabena Investment Services Inc. Grows Stake in Vanguard S&P 500 ETF $VOO

Okabena Investment Services Inc. lifted its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,275 shares of the company’s stock after buying an additional 1,420 shares during the period. Vanguard S&P 500 ETF makes up about 7.4% of Okabena Investment Services Inc.’s investment portfolio, making the stock its 2nd largest holding. Okabena Investment Services Inc.’s holdings in Vanguard S&P 500 ETF were worth $41,398,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC boosted its position in Vanguard S&P 500 ETF by 6.5% during the 4th quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock worth $18,602,000 after acquiring an additional 2,112 shares during the period. Bison Wealth LLC grew its stake in shares of Vanguard S&P 500 ETF by 6.1% in the fourth quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock worth $2,581,000 after purchasing an additional 277 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Vanguard S&P 500 ETF during the first quarter valued at $87,000. Wellington Capital Management Inc. acquired a new position in shares of Vanguard S&P 500 ETF during the second quarter valued at $332,000. Finally, United Bank bought a new stake in shares of Vanguard S&P 500 ETF during the second quarter valued at about $264,000.

Vanguard S&P 500 ETF Stock Down 0.2%

VOO stock opened at $707.24 on Friday. The company has a 50-day simple moving average of $693.13 and a 200 day simple moving average of $662.96. The company has a market capitalization of $1.01 trillion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a fifty-two week low of $578.46 and a fifty-two week high of $716.39.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.