Aspiriant LLC Increases Stake in Vanguard S&P 500 ETF by 1.5%

Aspiriant LLC has elevated its position in the Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.5% during the second quarter of 2023. This information is detailed in the firm’s recent Form 13F filing with the Securities & Exchange Commission. Aspiriant now holds a total of 157,684 shares of VOO, having acquired an additional 2,307 shares during the quarter. The Vanguard S&P 500 ETF constitutes approximately 2.8% of Aspiriant’s investment portfolio, making it the firm’s seventh largest holding. As of the end of the reporting period, Aspiriant’s investments in the ETF were valued at around $89,568,000.

Several other hedge funds have also made moves involving the Vanguard S&P 500 ETF. Atala Financial Inc initiated a new position in the ETF during the first quarter, valued at $28,000. Similarly, Redmont Wealth Advisors LLC purchased a new stake worth $29,000, while Bernard Wealth Management Corp. acquired a new position valued at $30,000 in the second quarter. Lord & Richards Wealth Management LLC also entered during the first quarter with an investment of $40,000. Notably, Bay Harbor Wealth Management LLC significantly increased its position in the ETF by 800% during the last quarter, now holding 72 shares valued at $41,000 after acquiring an additional 64 shares.

Stock Performance and Market Overview

As of the latest trading session, Vanguard S&P 500 ETF shares opened at $610.76. The stock has shown a price increase of 0.6% recently. The fifty-day simple moving average stands at $602.21, while the two-hundred-day moving average is at $561.68. The ETF boasts a market capitalization of $760.04 billion, with a price-to-earnings ratio of 24.97 and a beta of 1.00. Over the past year, the ETF has reached a twelve-month low of $442.80 and a high of $619.60.

The Vanguard S&P 500 ETF is designed as an open-end investment company and offers multiple classes of shares, including Investor Shares, Admiral Shares, and Exchange Traded Fund (ETF) Shares. The fund aims to replicate the investment performance of the Standard & Poor’s 500 Index, which serves as a benchmark for U.S. large-cap stocks.

For those interested in the latest developments and investment strategies regarding the Vanguard S&P 500 ETF, resources such as HoldingsChannel.com can provide updates on 13F filings and insider trades.