Fountainhead AM LLC Takes $2.77 Million Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Fountainhead AM LLC acquired a new stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 6,340 shares of the company’s stock, valued at approximately $2,769,000. Vanguard S&P 500 ETF comprises approximately 0.8% of Fountainhead AM LLC’s investment portfolio, making the stock its 25th biggest position.

Several other hedge funds also recently modified their holdings of the stock. Raymond James & Associates grew its holdings in shares of Vanguard S&P 500 ETF by 1.7% in the 4th quarter. Raymond James & Associates now owns 23,203,848 shares of the company’s stock valued at $10,135,441,000 after acquiring an additional 383,340 shares in the last quarter. Vanguard Group Inc. grew its holdings in Vanguard S&P 500 ETF by 6.0% during the third quarter. Vanguard Group Inc. now owns 21,606,379 shares of the company’s stock worth $8,484,825,000 after purchasing an additional 1,231,615 shares during the period. Cerity Partners LLC grew its holdings in Vanguard S&P 500 ETF by 850.0% during the fourth quarter. Cerity Partners LLC now owns 8,877,995 shares of the company’s stock worth $3,877,908,000 after purchasing an additional 7,943,467 shares during the period. Acorns Advisers LLC grew its holdings in Vanguard S&P 500 ETF by 0.8% during the third quarter. Acorns Advisers LLC now owns 7,796,892 shares of the company’s stock worth $3,061,839,000 after purchasing an additional 63,167 shares during the period. Finally, International Assets Investment Management LLC grew its holdings in Vanguard S&P 500 ETF by 48,075.4% during the fourth quarter. International Assets Investment Management LLC now owns 5,158,618 shares of the company’s stock worth $2,253,284,000 after purchasing an additional 5,147,910 shares during the period.

Vanguard S&P 500 ETF Stock Performance

Vanguard S&P 500 ETF stock traded up $5.59 during midday trading on Tuesday, reaching $464.64. 4,249,996 shares of the company’s stock were exchanged, compared to its average volume of 5,518,796. Vanguard S&P 500 ETF has a 52 week low of $370.92 and a 52 week high of $483.23. The firm has a market cap of $420.95 billion, a price-to-earnings ratio of 25.59 and a beta of 1.00. The stock’s 50-day simple moving average is $469.89 and its 200 day simple moving average is $439.45.

Vanguard S&P 500 ETF 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.