Concorde Asset Management LLC Boosts Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Concorde Asset Management LLC grew its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,251 shares of the company’s stock after purchasing an additional 43 shares during the quarter. Concorde Asset Management LLC’s holdings in Vanguard S&P 500 ETF were worth $660,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Marquette Asset Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter worth $36,000. Prospera Private Wealth LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter worth $46,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 2nd quarter worth $50,000. Kennebec Savings Bank purchased a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter worth $51,000. Finally, Mendota Financial Group LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter worth $53,000.

Vanguard S&P 500 ETF Trading Up 0.6 %

Shares of VOO stock opened at $546.07 on Friday. Vanguard S&P 500 ETF has a twelve month low of $416.57 and a twelve month high of $551.73. The stock has a market capitalization of $494.72 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The stock has a fifty day simple moving average of $532.11 and a two-hundred day simple moving average of $510.38.

Vanguard S&P 500 ETF 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.