Momentum Wealth Planning LLC Purchases New Position in Vanguard S&P 500 ETF $VOO

Momentum Wealth Planning LLC purchased a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the second quarter, Holdings Channel reports. The firm purchased 1,558 shares of the company’s stock, valued at approximately $888,000. Vanguard S&P 500 ETF accounts for approximately 0.8% of Momentum Wealth Planning LLC’s investment portfolio, making the stock its 26th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Quaker Wealth Management LLC increased its holdings in Vanguard S&P 500 ETF by 248.4% in 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 in the last quarter. Front Row Advisors LLC raised its position 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 purchasing an additional 45 shares during the last quarter. Bernard Wealth Management Corp. acquired a new stake in Vanguard S&P 500 ETF in the 2nd quarter worth about $30,000. Bay Harbor Wealth Management LLC increased its stake in Vanguard S&P 500 ETF by 800.0% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock worth $41,000 after buying an additional 64 shares in the last quarter. Finally, Elevate Wealth Advisory Inc. raised its holdings in shares of Vanguard S&P 500 ETF by 83.7% during 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 last quarter.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA:VOO opened at $626.87 on Monday. The business’s 50 day moving average price is $620.26 and its 200-day moving average price is $594.74. The firm has a market capitalization of $780.08 billion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $634.13.

Vanguard S&P 500 ETF Company 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.