Perigon Wealth Management LLC has increased its holdings in the Vanguard S&P 500 ETF (NYSEARCA: VOO) by 2.3% during the third quarter of 2023. According to the firm’s recent disclosure to the Securities and Exchange Commission (SEC), Perigon now owns 105,002 shares after acquiring an additional 2,333 shares during this period. The Vanguard S&P 500 ETF now constitutes 1.3% of Perigon’s total portfolio, ranking as its eighth largest holding.
As of the latest filing, Perigon Wealth Management’s investments in the Vanguard S&P 500 ETF are valued at approximately $64.3 million. Other institutional investors have also adjusted their stakes in the ETF. For instance, Central Bank & Trust Co. raised its position by 1.4%, now owning 1,271 shares worth $778,000 after purchasing an additional 17 shares. Similarly, Hengehold Capital Management LLC increased its holdings by 0.5%, bringing its total to 3,691 shares, valued at $2.26 million.
In the second quarter, Paragon Capital Management Ltd enhanced its position by 3.0%, resulting in 628 shares worth $357,000. Washington Capital Management Inc. also lifted its stake by 1.1%, now owning 1,593 shares valued at $905,000. Transcendent Capital Group LLC increased its holdings by 4.5%, acquiring 417 shares worth $237,000.
Vanguard S&P 500 ETF Performance Overview
The Vanguard S&P 500 ETF opened at $634.84 on the last trading day. It has a fifty-day moving average price of $623.60 and a two-hundred-day moving average price of $600.09. Over the past year, the ETF has experienced significant volatility, with a low of $442.80 and a high of $636.08. The fund maintains a market capitalization of approximately $790 billion and has a price-to-earnings ratio of 24.97.
The Vanguard 500 Index Fund operates as an open-end investment company, offering multiple classes of shares including Investor, Admiral, Signal, and Exchange-Traded Fund (ETF) shares. The fund aims to replicate the performance of the Standard & Poor’s 500 Index, which represents large-cap stocks in the United States. By employing a passive management strategy, the fund seeks to deliver returns that closely align with its benchmark index.
Investors interested in tracking further investments in the Vanguard S&P 500 ETF can visit HoldingsChannel.com for the latest 13F filings and insider trades. Additionally, MarketBeat.com offers a free daily newsletter summarizing the latest news and analyst ratings related to the ETF and its peers.
