Permanent Capital Management LP Invests $149.44 Million in Vanguard S&P 500 ETF $VOO

Permanent Capital Management LP purchased a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 243,343 shares of the company’s stock, valued at approximately $149,442,000. Vanguard S&P 500 ETF makes up approximately 27.9% of Permanent Capital Management LP’s investment portfolio, making the stock its biggest position.

Several other large investors also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC raised its holdings in shares of Vanguard S&P 500 ETF by 601,326.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 4,113,756 shares of the company’s stock valued at $2,336,737,000 after purchasing an additional 4,113,072 shares during the last quarter. California Public Employees Retirement System grew its position in Vanguard S&P 500 ETF by 17.9% in the 2nd quarter. California Public Employees Retirement System now owns 25,883,852 shares of the company’s stock worth $14,702,804,000 after purchasing an additional 3,931,698 shares during the period. Vanguard Group Inc. raised its stake in Vanguard S&P 500 ETF by 6.7% during the 2nd quarter. Vanguard Group Inc. now owns 36,763,979 shares of the company’s stock valued at $20,883,043,000 after buying an additional 2,313,230 shares during the last quarter. Laurel Wealth Advisors LLC raised its stake in Vanguard S&P 500 ETF by 59,094.6% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,313,917 shares of the company’s stock valued at $1,314,374,000 after buying an additional 2,310,008 shares during the last quarter. Finally, Soundwatch Capital LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 16,553.7% during the 2nd quarter. Soundwatch Capital LLC now owns 2,196,459 shares of the company’s stock valued at $1,247,655,000 after buying an additional 2,183,270 shares during the period.

Vanguard S&P 500 ETF Price Performance

VOO stock opened at $634.84 on Monday. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $636.08. The company has a market cap of $790.00 billion, a P/E ratio of 24.97 and a beta of 1.00. The stock’s fifty day moving average price is $623.60 and its 200-day moving average price is $600.42.

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.