TrueWealth Financial Partners Invests $47.42 Million in Vanguard S&P 500 ETF $VOO

TrueWealth Financial Partners purchased a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 79,356 shares of the company’s stock, valued at approximately $47,419,000. Vanguard S&P 500 ETF makes up about 18.9% of TrueWealth Financial Partners’ investment portfolio, making the stock its largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Western Wealth Management LLC boosted its position in Vanguard S&P 500 ETF by 12.8% in the 1st quarter. Western Wealth Management LLC now owns 39,486 shares of the company’s stock valued at $23,595,000 after buying an additional 4,482 shares during the period. Winnow Wealth LLC boosted its position in shares of Vanguard S&P 500 ETF by 248.7% during the 1st quarter. Winnow Wealth LLC now owns 917 shares of the company’s stock worth $548,000 after acquiring an additional 654 shares in the last quarter. Mascagni Wealth Management Inc. boosted its holdings in Vanguard S&P 500 ETF by 19.1% in the first quarter. Mascagni Wealth Management Inc. now owns 1,334 shares of the company’s stock valued at $797,000 after purchasing an additional 214 shares in the last quarter. Orographic Financial Advisors LLC acquired a new position in shares of Vanguard S&P 500 ETF in the 1st quarter valued at $896,000. Finally, Silicon Valley Capital Partners grew its holdings in shares of Vanguard S&P 500 ETF by 5.3% during the first quarter. Silicon Valley Capital Partners now owns 1,613 shares of the company’s stock worth $964,000 after purchasing an additional 81 shares during the last quarter.

Vanguard S&P 500 ETF Stock Up 1.7%

NYSEARCA:VOO opened at $681.79 on Friday. The company has a market capitalization of $971.95 billion, a PE ratio of 24.97 and a beta of 1.00. The stock’s 50 day moving average price is $685.16 and its 200 day moving average price is $652.61. Vanguard S&P 500 ETF has a 52-week low of $569.29 and a 52-week high of $699.15.

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.