Sageworth Trust Co of South Dakota Boosts Stock Holdings in Vanguard S&P 500 ETF $VOO

Sageworth Trust Co of South Dakota increased its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 5.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 14,633 shares of the company’s stock after acquiring an additional 746 shares during the period. Vanguard S&P 500 ETF accounts for approximately 9.0% of Sageworth Trust Co of South Dakota’s holdings, making the stock its 3rd largest holding. Sageworth Trust Co of South Dakota’s holdings in Vanguard S&P 500 ETF were worth $8,312,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Atala Financial Inc bought a new position in shares of Vanguard S&P 500 ETF during the 1st quarter valued at approximately $28,000. Redmont Wealth Advisors LLC purchased a new position in Vanguard S&P 500 ETF during the first quarter worth $29,000. Lord & Richards Wealth Management LLC bought a new position in Vanguard S&P 500 ETF during the first quarter valued at $40,000. Elevate Wealth Advisory Inc. raised its stake in shares of Vanguard S&P 500 ETF by 83.7% in the first quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock valued at $47,000 after acquiring an additional 41 shares during the period. Finally, von Borstel & Associates Inc. bought a new stake in shares of Vanguard S&P 500 ETF in the 1st quarter worth about $50,000.

Vanguard S&P 500 ETF Trading Up 0.1%

Shares of NYSEARCA:VOO opened at $615.25 on Friday. Vanguard S&P 500 ETF has a 12 month low of $442.80 and a 12 month high of $616.48. The company has a market capitalization of $739.24 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The firm’s 50-day moving average is $595.50 and its 200 day moving average is $554.72.

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.