Abound Wealth Management Has $13.58 Million Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Abound Wealth Management raised its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 25,199 shares of the company’s stock after buying an additional 588 shares during the quarter. Vanguard S&P 500 ETF comprises about 4.4% of Abound Wealth Management’s portfolio, making the stock its 7th largest holding. Abound Wealth Management’s holdings in Vanguard S&P 500 ETF were worth $13,578,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in VOO. Marquette Asset Management LLC bought a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at $36,000. Prospera Private Wealth LLC bought a new position in Vanguard S&P 500 ETF in the third quarter valued at about $46,000. Abich Financial Wealth Management LLC acquired a new position in Vanguard S&P 500 ETF during the second quarter worth about $50,000. Kennebec Savings Bank acquired a new position in Vanguard S&P 500 ETF during the third quarter worth about $51,000. Finally, Urban Financial Advisory Corp bought a new position in shares of Vanguard S&P 500 ETF in the third quarter worth about $51,000.

Vanguard S&P 500 ETF Stock Performance

Shares of Vanguard S&P 500 ETF stock traded down $0.39 during midday trading on Monday, hitting $533.50. 4,953,377 shares of the company traded hands, compared to its average volume of 5,997,484. The firm’s fifty day moving average price is $547.30 and its 200-day moving average price is $525.75. The stock has a market cap of $483.33 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 12 month low of $431.81 and a 12 month high of $559.96.

Vanguard S&P 500 ETF Company 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.