Bonfire Financial Makes New Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Bonfire Financial acquired a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 2,280 shares of the company’s stock, valued at approximately $1,228,000. Vanguard S&P 500 ETF accounts for 1.1% of Bonfire Financial’s portfolio, making the stock its 22nd biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Prospera Private Wealth LLC purchased a new stake in Vanguard S&P 500 ETF in the third quarter worth about $46,000. Urban Financial Advisory Corp purchased a new stake in shares of Vanguard S&P 500 ETF during the third quarter valued at approximately $51,000. Kennebec Savings Bank purchased a new stake in shares of Vanguard S&P 500 ETF during the third quarter valued at approximately $51,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at approximately $53,000. Finally, Stone House Investment Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the third quarter valued at approximately $59,000.

Vanguard S&P 500 ETF Stock Up 0.7 %

NYSEARCA:VOO opened at $556.15 on Tuesday. The company’s 50 day moving average price is $549.81 and its 200-day moving average price is $531.78. Vanguard S&P 500 ETF has a 52 week low of $450.99 and a 52 week high of $561.66. The stock has a market cap of $503.85 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00.

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.