Verus Wealth Management LLC Acquires Shares of 17,682 Vanguard S&P 500 ETF (NYSEARCA:VOO)

Verus Wealth Management LLC bought a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, HoldingsChannel reports. The fund bought 17,682 shares of the company’s stock, valued at approximately $9,527,000. Vanguard S&P 500 ETF comprises approximately 10.7% of Verus Wealth Management LLC’s portfolio, making the stock its 2nd largest holding.

A number of other institutional investors have also made changes to their positions in VOO. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Vanguard S&P 500 ETF by 78.2% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,866 shares of the company’s stock valued at $3,623,000 after purchasing an additional 3,014 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Vanguard S&P 500 ETF by 23.3% during the 4th quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock valued at $848,000 after buying an additional 297 shares during the last quarter. Precedent Wealth Partners LLC raised its stake in Vanguard S&P 500 ETF by 38.2% during the fourth quarter. Precedent Wealth Partners LLC now owns 10,210 shares of the company’s stock worth $5,501,000 after acquiring an additional 2,820 shares during the period. Vishria Bird Financial Group LLC bought a new position in Vanguard S&P 500 ETF in the third quarter worth about $290,000. Finally, Nottingham Advisors Inc. boosted its stake in Vanguard S&P 500 ETF by 5.1% in the third quarter. Nottingham Advisors Inc. now owns 2,734 shares of the company’s stock valued at $1,443,000 after acquiring an additional 133 shares during the period.

Vanguard S&P 500 ETF Trading Up 0.8 %

Shares of Vanguard S&P 500 ETF stock opened at $555.85 on Wednesday. The stock has a market capitalization of $503.58 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a twelve month low of $443.75 and a twelve month high of $561.66. The business’s 50 day simple moving average is $548.77 and its 200-day simple moving average is $528.98.

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.