Independent Advisor Alliance Makes New Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Independent Advisor Alliance acquired a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 93,189 shares of the company’s stock, valued at approximately $50,211,000. Vanguard S&P 500 ETF makes up about 0.7% of Independent Advisor Alliance’s investment portfolio, making the stock its 22nd largest holding.

Other hedge funds have also bought and sold shares of the company. Your Advocates Ltd. LLP purchased a new position in shares of Vanguard S&P 500 ETF during the 4th quarter valued at approximately $29,000. Asset Management One Co. Ltd. raised its stake in Vanguard S&P 500 ETF by 185.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock valued at $31,000 after purchasing an additional 37 shares during the last quarter. Prospera Private Wealth LLC acquired a new position in Vanguard S&P 500 ETF in the 3rd quarter valued at $46,000. Kennebec Savings Bank acquired a new position in Vanguard S&P 500 ETF in the 3rd quarter valued at $51,000. Finally, Urban Financial Advisory Corp acquired a new position in Vanguard S&P 500 ETF in the 3rd quarter valued at $51,000.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA VOO opened at $529.51 on Monday. The business has a fifty day moving average price of $548.23 and a 200 day moving average price of $539.03. Vanguard S&P 500 ETF has a one year low of $453.90 and a one year high of $563.92. The company has a market cap of $1.41 trillion, a P/E ratio of 26.67 and a beta of 1.01.

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.