Financial Management Professionals Inc. Has $24.97 Million Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Financial Management Professionals Inc. boosted its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 5.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,952 shares of the company’s stock after purchasing an additional 2,559 shares during the period. Vanguard S&P 500 ETF comprises 3.7% of Financial Management Professionals Inc.’s holdings, making the stock its 8th largest position. Financial Management Professionals Inc.’s holdings in Vanguard S&P 500 ETF were worth $24,973,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Life Planning Partners Inc bought a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at about $25,000. Mark Sheptoff Financial Planning LLC bought a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at about $25,000. Element Wealth LLC bought a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at about $35,000. Creekmur Asset Management LLC bought a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at about $37,000. Finally, Woodard & Co. Asset Management Group Inc. ADV bought a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at about $52,000.

Vanguard S&P 500 ETF Stock Performance

Shares of NYSEARCA:VOO opened at $500.13 on Friday. Vanguard S&P 500 ETF has a 52-week low of $375.95 and a 52-week high of $505.74. The company has a market capitalization of $453.10 billion, a P/E ratio of 25.04 and a beta of 1.00. The company has a 50-day simple moving average of $485.02 and a 200 day simple moving average of $466.13.

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.