Advisors Increase Stakes in Vanguard S&P 500 ETF $VOO
Echo45 Advisors LLC bought 3,212 shares of the Vanguard S&P 500 ETF valued at about $2.25 million, while Pathway Financial Advisors LLC raised its position by 30.3% to 3,140 shares valued at roughly $2.20 million.
Other investors also expanded holdings: the California Public Employees Retirement System increased its stake by 6.5% to 33,635,939 shares worth $20.10 billion, Bank of America Corp DE added 1.3% to 27,441,061 shares valued at $16.40 billion, and Royal Bank of Canada grew its position by 496.2% to 21,356,933 shares valued at $13.39 billion. Smaller advisors reported gains as well, with Bay Harbor Wealth Management LLC lifting its holdings by 20.8% to 87 shares worth $60,000, and Spinnaker Trust increasing by 0.4% to 3,643 shares valued at $2.50 million.