Five Pine Wealth Management Buys New Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Five Pine Wealth Management purchased a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, Holdings Channel.com reports. The fund purchased 20,720 shares of the company’s stock, valued at approximately $11,164,000. Vanguard S&P 500 ETF makes up approximately 9.4% of Five Pine Wealth Management’s portfolio, making the stock its 4th largest position.

A number of other institutional investors also recently made changes to their positions in the stock. Graves Light Lenhart Wealth Inc. boosted its stake in Vanguard S&P 500 ETF by 1.0% during the 4th quarter. Graves Light Lenhart Wealth Inc. now owns 1,948 shares of the company’s stock valued at $1,050,000 after purchasing an additional 19 shares in the last quarter. City Center Advisors LLC raised its stake in shares of Vanguard S&P 500 ETF by 3.1% in the 3rd quarter. City Center Advisors LLC now owns 667 shares of the company’s stock worth $352,000 after buying an additional 20 shares in the last quarter. Castleview Partners LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 1.6% in the third quarter. Castleview Partners LLC now owns 1,286 shares of the company’s stock valued at $678,000 after buying an additional 20 shares during the period. Merkkuri Wealth Advisors LLC boosted its stake in Vanguard S&P 500 ETF by 3.4% during the third quarter. Merkkuri Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $317,000 after buying an additional 20 shares in the last quarter. Finally, L. Roy Papp & Associates LLP grew its holdings in Vanguard S&P 500 ETF by 4.5% during the third quarter. L. Roy Papp & Associates LLP now owns 461 shares of the company’s stock worth $243,000 after acquiring an additional 20 shares during the period.

Vanguard S&P 500 ETF Trading Down 0.5 %

Shares of NYSEARCA VOO opened at $553.33 on Friday. Vanguard S&P 500 ETF has a twelve month low of $443.75 and a twelve month high of $561.66. The firm has a 50-day moving average of $549.56 and a two-hundred day moving average of $529.89. The company has a market capitalization of $501.29 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00.

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.