Garden State Investment Advisory Services LLC Grows Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Garden State Investment Advisory Services LLC boosted its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 27.1% during the second quarter, Holdings Channel reports. The institutional investor owned 2,440 shares of the company’s stock after buying an additional 521 shares during the period. Garden State Investment Advisory Services LLC’s holdings in Vanguard S&P 500 ETF were worth $1,223,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VOO. Creekmur Asset Management LLC purchased a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth about $37,000. Elevate Wealth Advisory Inc. acquired a new position in shares of Vanguard S&P 500 ETF in the 1st quarter valued at $39,000. AlphaMark Advisors LLC grew its stake in shares of Vanguard S&P 500 ETF by 641.7% during the 1st quarter. AlphaMark Advisors LLC now owns 89 shares of the company’s stock valued at $43,000 after buying an additional 77 shares during the period. Clarity Asset Management Inc. purchased a new position in shares of Vanguard S&P 500 ETF in the 4th quarter worth $52,000. Finally, Vima LLC acquired a new position in Vanguard S&P 500 ETF in the fourth quarter valued at $53,000.

Vanguard S&P 500 ETF Stock Performance

Shares of NYSEARCA:VOO opened at $523.79 on Friday. The stock has a market capitalization of $474.53 billion, a P/E ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 1 year low of $375.95 and a 1 year high of $526.60. The stock has a 50-day simple moving average of $506.10 and a 200-day simple moving average of $491.18.

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.