Frisch Financial Group Inc. Has $5.74 Million Stake in Vanguard S&P 500 ETF $VOO

Frisch Financial Group Inc. lowered its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 10.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,345 shares of the company’s stock after selling 1,081 shares during the quarter. Vanguard S&P 500 ETF makes up about 1.3% of Frisch Financial Group Inc.’s investment portfolio, making the stock its 21st largest holding. Frisch Financial Group Inc.’s holdings in Vanguard S&P 500 ETF were worth $5,739,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Clear Investment Research LLC bought a new position in Vanguard S&P 500 ETF during the third quarter worth about $28,000. Quaker Wealth Management LLC boosted its stake in shares of Vanguard S&P 500 ETF by 248.4% during the 2nd quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock worth $26,000 after acquiring an additional 77 shares during the period. Redmont Wealth Advisors LLC bought a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter worth approximately $29,000. Front Row Advisors LLC increased its holdings in shares of Vanguard S&P 500 ETF by 900.0% during the 2nd quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock worth $28,000 after acquiring an additional 45 shares during the last quarter. Finally, Corundum Trust Company INC acquired a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter worth approximately $37,000.

Vanguard S&P 500 ETF Price Performance

Shares of Vanguard S&P 500 ETF stock opened at $629.53 on Friday. The business has a fifty day simple moving average of $632.17 and a two-hundred day simple moving average of $617.32. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $641.81. The company has a market capitalization of $842.45 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.