Bridgewealth Advisory Group LLC Grows Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Bridgewealth Advisory Group LLC lifted its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 4.4% during the fourth quarter, HoldingsChannel reports. The firm owned 13,874 shares of the company’s stock after purchasing an additional 588 shares during the quarter. Vanguard S&P 500 ETF accounts for about 4.6% of Bridgewealth Advisory Group LLC’s investment portfolio, making the stock its 5th biggest holding. Bridgewealth Advisory Group LLC’s holdings in Vanguard S&P 500 ETF were worth $6,060,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in VOO. Life Planning Partners Inc bought a new stake in Vanguard S&P 500 ETF in the 4th quarter valued at about $25,000. Motco raised its stake in Vanguard S&P 500 ETF by 172.0% in the 3rd quarter. Motco now owns 68 shares of the company’s stock valued at $27,000 after acquiring an additional 43 shares during the period. Element Wealth LLC bought a new stake in Vanguard S&P 500 ETF in the 4th quarter valued at about $35,000. CGC Financial Services LLC raised its stake in Vanguard S&P 500 ETF by 1,416.7% in the 3rd quarter. CGC Financial Services LLC now owns 91 shares of the company’s stock valued at $36,000 after acquiring an additional 85 shares during the period. Finally, Blume Capital Management Inc. raised its stake in Vanguard S&P 500 ETF by 833.3% in the 3rd quarter. Blume Capital Management Inc. now owns 112 shares of the company’s stock valued at $44,000 after acquiring an additional 100 shares during the period.

Vanguard S&P 500 ETF Trading Up 0.3 %

Shares of NYSEARCA VOO opened at $468.84 on Monday. The firm has a market capitalization of $424.75 billion, a price-to-earnings ratio of 25.59 and a beta of 1.00. The business has a 50-day moving average of $470.21 and a 200-day moving average of $440.83. Vanguard S&P 500 ETF has a 12 month low of $370.92 and a 12 month high of $483.23.

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.