Power Wealth Management LLC Buys Shares of 1,958 Vanguard S&P 500 ETF (NYSEARCA:VOO)

Power Wealth Management LLC purchased a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,958 shares of the company’s stock, valued at approximately $855,000.

Several other hedge funds and other institutional investors have also modified their holdings of VOO. Life Planning Partners Inc bought a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter valued at approximately $25,000. Motco grew its position in Vanguard S&P 500 ETF by 172.0% in the third quarter. Motco now owns 68 shares of the company’s stock worth $27,000 after acquiring an additional 43 shares in the last quarter. Element Wealth LLC acquired a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth $35,000. CGC Financial Services LLC raised its holdings in shares of Vanguard S&P 500 ETF by 1,416.7% during the 3rd quarter. CGC Financial Services LLC now owns 91 shares of the company’s stock valued at $36,000 after purchasing an additional 85 shares in the last quarter. Finally, Blume Capital Management Inc. lifted its stake in shares of Vanguard S&P 500 ETF by 833.3% in the 3rd quarter. Blume Capital Management Inc. now owns 112 shares of the company’s stock valued at $44,000 after purchasing an additional 100 shares during the last quarter.

Vanguard S&P 500 ETF Trading Up 1.2 %

Vanguard S&P 500 ETF stock traded up $5.76 during mid-day trading on Friday, hitting $469.98. 4,586,859 shares of the company’s stock were exchanged, compared to its average volume of 5,467,846. The stock has a market cap of $425.78 billion, a P/E ratio of 25.04 and a beta of 1.00. The stock has a 50 day moving average of $470.58 and a two-hundred day moving average of $442.55. Vanguard S&P 500 ETF has a 1-year low of $370.92 and a 1-year high of $483.23.

Vanguard S&P 500 ETF Company Profile

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.