Synergy Investment Management LLC Takes $18.75 Million Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Synergy Investment Management LLC purchased a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 34,800 shares of the company’s stock, valued at approximately $18,750,000. Vanguard S&P 500 ETF comprises about 8.1% of Synergy Investment Management LLC’s investment portfolio, making the stock its largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Your Advocates Ltd. LLP acquired a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter valued at about $29,000. Asset Management One Co. Ltd. grew its stake in Vanguard S&P 500 ETF by 185.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock valued at $31,000 after acquiring an additional 37 shares in the last quarter. Prospera Private Wealth LLC acquired a new stake in Vanguard S&P 500 ETF in the 3rd quarter valued at about $46,000. Urban Financial Advisory Corp purchased a new position in Vanguard S&P 500 ETF in the 3rd quarter worth approximately $51,000. Finally, Kennebec Savings Bank acquired a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter worth approximately $51,000.

Vanguard S&P 500 ETF Price Performance

VOO stock opened at $536.92 on Tuesday. Vanguard S&P 500 ETF has a 1 year low of $453.90 and a 1 year high of $563.92. The firm has a market capitalization of $1.43 trillion, a PE ratio of 26.67 and a beta of 1.01. The business has a 50 day simple moving average of $549.88 and a 200-day simple moving average of $538.53.

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.