1776 Wealth LLC Purchases 218 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

1776 Wealth LLC boosted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 6,388 shares of the company’s stock after buying an additional 218 shares during the quarter. Vanguard S&P 500 ETF comprises 1.5% of 1776 Wealth LLC’s investment portfolio, making the stock its 13th largest holding. 1776 Wealth LLC’s holdings in Vanguard S&P 500 ETF were worth $3,442,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC increased its holdings in Vanguard S&P 500 ETF by 22,099.4% in the fourth quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock valued at $19,422,195,000 after purchasing an additional 35,884,088 shares during the last quarter. Raymond James Financial Inc. bought a new position in Vanguard S&P 500 ETF during the fourth quarter worth about $14,232,829,000. Strategic Financial Concepts LLC grew its position in shares of Vanguard S&P 500 ETF by 62,488.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock worth $5,393,342,000 after buying an additional 9,993,736 shares during the period. Kedalion Capital Management LLP bought a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter valued at about $2,424,795,000. Finally, JPMorgan Chase & Co. raised its position in shares of Vanguard S&P 500 ETF by 13.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock valued at $12,624,419,000 after acquiring an additional 2,879,321 shares during the period.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $513.76 on Thursday. The firm’s fifty day moving average is $546.66 and its two-hundred day moving average is $538.84. The firm has a market cap of $1.37 trillion, a PE ratio of 26.67 and a beta of 1.01. Vanguard S&P 500 ETF has a twelve month low of $453.90 and a twelve month high of $563.92.

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.