49 Wealth Management LLC Buys New Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

49 Wealth Management LLC purchased a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the first quarter, HoldingsChannel reports. The institutional investor purchased 750 shares of the company’s stock, valued at approximately $360,000.

Other institutional investors also recently added to or reduced their stakes in the company. WBH Advisory Inc. boosted its stake in Vanguard S&P 500 ETF by 0.6% in the 4th quarter. WBH Advisory Inc. now owns 4,140 shares of the company’s stock valued at $1,808,000 after buying an additional 23 shares in the last quarter. Matisse Capital lifted its holdings in shares of Vanguard S&P 500 ETF by 3.2% during the first quarter. Matisse Capital now owns 742 shares of the company’s stock valued at $357,000 after acquiring an additional 23 shares during the period. RAM Investment Partners LLC boosted its stake in shares of Vanguard S&P 500 ETF by 2.5% in the 4th quarter. RAM Investment Partners LLC now owns 969 shares of the company’s stock valued at $423,000 after purchasing an additional 24 shares in the last quarter. Wealth Effects LLC grew its holdings in shares of Vanguard S&P 500 ETF by 0.7% in the 4th quarter. Wealth Effects LLC now owns 3,308 shares of the company’s stock worth $1,445,000 after purchasing an additional 24 shares during the last quarter. Finally, Eudaimonia Advisors LLC increased its position in shares of Vanguard S&P 500 ETF by 0.8% during the 4th quarter. Eudaimonia Advisors LLC now owns 3,037 shares of the company’s stock worth $1,327,000 after purchasing an additional 24 shares in the last quarter.

Vanguard S&P 500 ETF Stock Up 0.6 %

NYSEARCA:VOO traded up $3.16 on Friday, reaching $514.55. The stock had a trading volume of 5,238,170 shares, compared to its average volume of 5,085,136. The company has a market capitalization of $466.16 billion, a P/E ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $375.95 and a 1-year high of $518.03. The stock has a fifty day moving average price of $494.02 and a 200-day moving average price of $471.63.

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.