Vanguard S&P 500 ETF (NYSEARCA:VOO) Shares Bought by Daido Life Insurance Co.

Daido Life Insurance Co. boosted its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 20.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 142,802 shares of the company’s stock after purchasing an additional 24,694 shares during the quarter. Vanguard S&P 500 ETF makes up 9.9% of Daido Life Insurance Co.’s portfolio, making the stock its 4th biggest holding. Daido Life Insurance Co.’s holdings in Vanguard S&P 500 ETF were worth $73,387,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in Vanguard S&P 500 ETF during the fourth quarter worth approximately $14,232,829,000. Bank of America Corp DE boosted its holdings in Vanguard S&P 500 ETF by 2.2% in the 4th quarter. Bank of America Corp DE now owns 23,912,537 shares of the company’s stock worth $12,884,314,000 after acquiring an additional 511,022 shares during the period. Ameriprise Financial Inc. boosted its position in Vanguard S&P 500 ETF by 16.6% in the 4th quarter. Ameriprise Financial Inc. now owns 4,694,901 shares of the company’s stock valued at $2,529,676,000 after buying an additional 666,900 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Vanguard S&P 500 ETF by 37.1% during the 4th quarter. Royal Bank of Canada now owns 4,559,601 shares of the company’s stock valued at $2,456,760,000 after buying an additional 1,234,870 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of Vanguard S&P 500 ETF by 6.9% in the 1st quarter. Cerity Partners LLC now owns 3,898,203 shares of the company’s stock valued at $2,003,327,000 after acquiring an additional 251,992 shares during the last quarter.

Vanguard S&P 500 ETF Stock Down 0.3%

Shares of NYSEARCA:VOO opened at $583.92 on Wednesday. Vanguard S&P 500 ETF has a fifty-two week low of $442.80 and a fifty-two week high of $587.08. The company has a market cap of $709.36 billion, a PE ratio of 24.97 and a beta of 1.00. The firm has a 50-day simple moving average of $560.50 and a 200 day simple moving average of $538.23.

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.