Vanguard S&P 500 ETF (NYSEARCA:VOO) Shares Acquired by Waterfront Wealth Inc.

Waterfront Wealth Inc. grew its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.3% in the fourth quarter, Holdings Channel reports. The fund owned 11,441 shares of the company’s stock after purchasing an additional 35 shares during the period. Vanguard S&P 500 ETF accounts for about 1.5% of Waterfront Wealth Inc.’s portfolio, making the stock its 13th largest holding. Waterfront Wealth Inc.’s holdings in Vanguard S&P 500 ETF were worth $4,997,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of VOO. Life Planning Partners Inc purchased a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth $25,000. Motco grew its holdings in shares of Vanguard S&P 500 ETF by 172.0% during the 3rd quarter. Motco now owns 68 shares of the company’s stock worth $27,000 after purchasing an additional 43 shares during the period. CGC Financial Services LLC grew its holdings in shares of Vanguard S&P 500 ETF by 1,416.7% during the 3rd quarter. CGC Financial Services LLC now owns 91 shares of the company’s stock worth $36,000 after purchasing an additional 85 shares during the period. Blume Capital Management Inc. grew its holdings in shares of Vanguard S&P 500 ETF by 833.3% during the 3rd quarter. Blume Capital Management Inc. now owns 112 shares of the company’s stock worth $44,000 after purchasing an additional 100 shares during the period. Finally, Woodard & Co. Asset Management Group Inc. ADV purchased a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth $52,000.

Vanguard S&P 500 ETF Stock Performance

Shares of NYSEARCA VOO traded down $2.80 during mid-day trading on Wednesday, reaching $459.98. 7,151,778 shares of the company’s stock were exchanged, compared to its average volume of 5,472,558. The firm has a market capitalization of $416.72 billion, a price-to-earnings ratio of 25.59 and a beta of 1.00. Vanguard S&P 500 ETF has a 52-week low of $370.92 and a 52-week high of $483.23. The company’s 50-day moving average is $469.75 and its 200-day moving average is $437.03.

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.