Palacios Wealth Management LLC Buys New Shares in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Palacios Wealth Management LLC bought a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 1,075 shares of the company’s stock, valued at approximately $585,000.

A number of other institutional investors also recently modified their holdings of the stock. Asset Management One Co. Ltd. raised its holdings in Vanguard S&P 500 ETF by 185.0% during the fourth quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock worth $31,000 after buying an additional 37 shares during the last quarter. Prospera Private Wealth LLC acquired a new position in Vanguard S&P 500 ETF during the third quarter worth $46,000. Kennebec Savings Bank acquired a new position in Vanguard S&P 500 ETF during the third quarter worth $51,000. Urban Financial Advisory Corp acquired a new position in Vanguard S&P 500 ETF during the third quarter worth $51,000. Finally, Sugar Maple Asset Management LLC acquired a new position in Vanguard S&P 500 ETF during the fourth quarter worth $53,000.

Vanguard S&P 500 ETF Trading Up 1.1 %

VOO opened at $560.67 on Friday. The company’s fifty day moving average price is $549.79 and its two-hundred day moving average price is $532.76. Vanguard S&P 500 ETF has a 1-year low of $453.60 and a 1-year high of $561.66. The company has a market cap of $507.94 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00.

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.