Vanguard S&P 500 ETF (NYSEARCA:VOO) is Acorn Financial Advisory Services Inc. ADV’s Largest Position

Acorn Financial Advisory Services Inc. ADV lifted its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.1% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 138,604 shares of the company’s stock after buying an additional 72 shares during the quarter. Vanguard S&P 500 ETF makes up 13.0% of Acorn Financial Advisory Services Inc. ADV’s holdings, making the stock its largest holding. Acorn Financial Advisory Services Inc. ADV’s holdings in Vanguard S&P 500 ETF were worth $73,137,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Marquette Asset Management LLC purchased a new position in shares of Vanguard S&P 500 ETF during the third quarter valued at about $36,000. Abich Financial Wealth Management LLC purchased a new position in Vanguard S&P 500 ETF during the 2nd quarter valued at approximately $50,000. Mendota Financial Group LLC bought a new stake in Vanguard S&P 500 ETF in the 3rd quarter worth approximately $53,000. Kings Path Partners LLC bought a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter valued at approximately $55,000. Finally, Hexagon Capital Partners LLC increased its position in Vanguard S&P 500 ETF by 481.0% in the second quarter. Hexagon Capital Partners LLC now owns 122 shares of the company’s stock worth $61,000 after purchasing an additional 101 shares during the last quarter.

Vanguard S&P 500 ETF Stock Performance

VOO stock traded up $2.42 during trading on Friday, hitting $549.95. 6,797,976 shares of the company’s stock traded hands, compared to its average volume of 5,261,288. Vanguard S&P 500 ETF has a 52 week low of $398.21 and a 52 week high of $551.24. The stock has a market capitalization of $498.23 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The business has a fifty day simple moving average of $525.28 and a 200 day simple moving average of $505.37.

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.