Phillips Wealth Planners LLC Has $5 Million Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Phillips Wealth Planners LLC boosted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 9,357 shares of the company’s stock after buying an additional 615 shares during the quarter. Vanguard S&P 500 ETF comprises approximately 5.0% of Phillips Wealth Planners LLC’s investment portfolio, making the stock its largest position. Phillips Wealth Planners LLC’s holdings in Vanguard S&P 500 ETF were worth $4,996,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Marquette Asset Management LLC bought a new position in shares of Vanguard S&P 500 ETF during the third quarter valued at $36,000. Prospera Private Wealth LLC bought a new position in shares of Vanguard S&P 500 ETF during the third quarter valued at $46,000. Urban Financial Advisory Corp bought a new position in shares of Vanguard S&P 500 ETF during the third quarter valued at $51,000. Kennebec Savings Bank bought a new position in shares of Vanguard S&P 500 ETF during the third quarter valued at $51,000. Finally, Sugar Maple Asset Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at $53,000.

Vanguard S&P 500 ETF Price Performance

Vanguard S&P 500 ETF stock opened at $557.61 on Thursday. Vanguard S&P 500 ETF has a one year low of $443.75 and a one year high of $559.96. The stock has a market capitalization of $505.17 billion, a PE ratio of 25.04 and a beta of 1.00. The business’s fifty day moving average is $547.67 and its 200 day moving average is $527.71.

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.