Citizens Financial Group Inc. RI Raises Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Citizens Financial Group Inc. RI increased its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 4.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 724,012 shares of the company’s stock after buying an additional 30,380 shares during the quarter. Vanguard S&P 500 ETF comprises about 7.7% of Citizens Financial Group Inc. RI’s holdings, making the stock its biggest position. Citizens Financial Group Inc. RI’s holdings in Vanguard S&P 500 ETF were worth $383,081,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Marquette Asset Management LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the third quarter valued at $36,000. Prospera Private Wealth LLC acquired a new stake in Vanguard S&P 500 ETF in the 3rd quarter valued at about $46,000. Abich Financial Wealth Management LLC acquired a new position in shares of Vanguard S&P 500 ETF in the 2nd quarter worth approximately $50,000. Kennebec Savings Bank bought a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter worth approximately $51,000. Finally, Mendota Financial Group LLC acquired a new stake in Vanguard S&P 500 ETF during the third quarter valued at approximately $53,000.

Vanguard S&P 500 ETF Stock Performance

Shares of NYSEARCA:VOO opened at $542.90 on Thursday. The stock has a market capitalization of $491.85 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $415.30 and a 1-year high of $551.73. The company has a 50 day moving average price of $531.46 and a 200 day moving average price of $510.13.

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.