Chickasaw Capital Management LLC Purchases New Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Chickasaw Capital Management LLC acquired a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 747 shares of the company’s stock, valued at approximately $402,000.

A number of other hedge funds have also recently modified their holdings of the stock. Marquette Asset Management LLC purchased a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter worth approximately $36,000. Prospera Private Wealth LLC acquired a new position in Vanguard S&P 500 ETF during the third quarter worth $46,000. Abich Financial Wealth Management LLC acquired a new stake in Vanguard S&P 500 ETF in the second quarter valued at $50,000. Kennebec Savings Bank acquired a new stake in Vanguard S&P 500 ETF in the third quarter valued at $51,000. Finally, Urban Financial Advisory Corp acquired a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter worth $51,000.

Vanguard S&P 500 ETF Stock Down 1.3 %

Shares of NYSEARCA VOO traded down $7.26 during midday trading on Tuesday, hitting $540.31. The company had a trading volume of 4,768,226 shares, compared to its average volume of 5,926,777. The business has a 50-day simple moving average of $546.42 and a two-hundred day simple moving average of $524.68. Vanguard S&P 500 ETF has a twelve month low of $430.37 and a twelve month high of $559.96. The firm has a market capitalization of $489.50 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00.

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.