Modern Wealth Management LLC Has $42.53 Million Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Modern Wealth Management LLC raised its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 5.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 76,475 shares of the company’s stock after acquiring an additional 3,652 shares during the quarter. Vanguard S&P 500 ETF makes up about 1.5% of Modern Wealth Management LLC’s investment portfolio, making the stock its 15th largest position. Modern Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $42,531,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Your Advocates Ltd. LLP acquired a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter valued at $29,000. Asset Management One Co. Ltd. lifted its position in shares of Vanguard S&P 500 ETF by 185.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock worth $31,000 after buying an additional 37 shares during the last quarter. Urban Financial Advisory Corp bought a new stake in shares of Vanguard S&P 500 ETF during the 3rd quarter worth about $51,000. Sherman Asset Management Inc. bought a new stake in Vanguard S&P 500 ETF during the fourth quarter worth approximately $52,000. Finally, Sugar Maple Asset Management LLC acquired a new position in Vanguard S&P 500 ETF during the fourth quarter valued at approximately $53,000.

Vanguard S&P 500 ETF Trading Up 1.8 %

Shares of Vanguard S&P 500 ETF stock opened at $529.39 on Tuesday. The firm has a fifty day simple moving average of $543.25 and a 200-day simple moving average of $539.40. The stock has a market capitalization of $1.49 trillion, a price-to-earnings ratio of 25.26 and a beta of 1.01. Vanguard S&P 500 ETF has a 1-year low of $453.90 and a 1-year high of $563.92.

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.