Laidlaw Wealth Management LLC Purchases Shares of 1,024 Vanguard S&P 500 ETF (NYSEARCA:VOO)

Laidlaw Wealth Management LLC acquired a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,024 shares of the company’s stock, valued at approximately $512,000.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of Vanguard S&P 500 ETF by 95.8% in the 1st quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock worth $10,212,930,000 after acquiring an additional 10,393,926 shares during the last quarter. Global Assets Advisory LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the first quarter worth approximately $1,635,464,000. Steel Grove Capital Advisors LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 557.5% in the first quarter. Steel Grove Capital Advisors LLC now owns 3,560,049 shares of the company’s stock valued at $1,711,316,000 after purchasing an additional 3,018,626 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Vanguard S&P 500 ETF by 11.1% in the first quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock valued at $12,203,193,000 after purchasing an additional 2,546,192 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Vanguard S&P 500 ETF by 352.1% during the first quarter. Cetera Investment Advisers now owns 1,210,324 shares of the company’s stock valued at $581,803,000 after buying an additional 942,640 shares during the last quarter.

Vanguard S&P 500 ETF Price Performance

VOO opened at $518.04 on Tuesday. The company has a market capitalization of $469.32 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The firm’s fifty day moving average price is $504.91 and its two-hundred day moving average price is $486.89. Vanguard S&P 500 ETF has a 1 year low of $375.95 and a 1 year high of $519.40.

Vanguard S&P 500 ETF 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.