Cornerstone Wealth Management LLC Purchases 290 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Cornerstone Wealth Management LLC raised its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,530 shares of the company’s stock after purchasing an additional 290 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $2,178,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Kovack Advisors Inc. increased its stake in shares of Vanguard S&P 500 ETF by 8.2% in the first quarter. Kovack Advisors Inc. now owns 20,622 shares of the company’s stock valued at $9,913,000 after buying an additional 1,567 shares during the period. Westside Investment Management Inc. increased its position in Vanguard S&P 500 ETF by 12.5% in the 1st quarter. Westside Investment Management Inc. now owns 912 shares of the company’s stock valued at $439,000 after acquiring an additional 101 shares during the period. Bourgeon Capital Management LLC raised its stake in shares of Vanguard S&P 500 ETF by 869.9% during the first quarter. Bourgeon Capital Management LLC now owns 1,484 shares of the company’s stock valued at $713,000 after acquiring an additional 1,331 shares during the last quarter. Wiser Wealth Management Inc lifted its holdings in shares of Vanguard S&P 500 ETF by 4.2% during the first quarter. Wiser Wealth Management Inc now owns 217,228 shares of the company’s stock worth $104,422,000 after purchasing an additional 8,735 shares during the period. Finally, Valley National Advisers Inc. grew its stake in shares of Vanguard S&P 500 ETF by 16.2% in the first quarter. Valley National Advisers Inc. now owns 1,436 shares of the company’s stock worth $690,000 after purchasing an additional 200 shares during the last quarter.

Vanguard S&P 500 ETF Stock Up 0.5 %

Shares of NYSEARCA:VOO opened at $506.81 on Friday. The firm has a market cap of $459.15 billion, a P/E ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 12-month low of $375.95 and a 12-month high of $507.14. The business has a fifty day simple moving average of $487.51 and a 200 day simple moving average of $467.90.

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.