NavPoint Financial Inc. Invests $7.38 Million in Vanguard S&P 500 ETF (NYSEARCA:VOO)

NavPoint Financial Inc. purchased a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the fourth quarter, Holdings Channel.com reports. The firm purchased 16,889 shares of the company’s stock, valued at approximately $7,377,000. Vanguard S&P 500 ETF accounts for approximately 6.8% of NavPoint Financial Inc.’s holdings, making the stock its 3rd largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. River Street Advisors LLC raised its stake in shares of Vanguard S&P 500 ETF by 4.6% in the 4th quarter. River Street Advisors LLC now owns 1,305 shares of the company’s stock valued at $570,000 after acquiring an additional 57 shares in the last quarter. Sightline Wealth Advisors LLC raised its stake in shares of Vanguard S&P 500 ETF by 15.6% in the 4th quarter. Sightline Wealth Advisors LLC now owns 2,752 shares of the company’s stock valued at $1,202,000 after acquiring an additional 371 shares in the last quarter. Phillips Financial Management LLC raised its stake in shares of Vanguard S&P 500 ETF by 0.4% in the 3rd quarter. Phillips Financial Management LLC now owns 75,969 shares of the company’s stock valued at $29,833,000 after acquiring an additional 275 shares in the last quarter. LVW Advisors LLC raised its stake in shares of Vanguard S&P 500 ETF by 16.8% in the 4th quarter. LVW Advisors LLC now owns 3,755 shares of the company’s stock valued at $1,640,000 after acquiring an additional 540 shares in the last quarter. Finally, Wellington Management Group LLP raised its stake in shares of Vanguard S&P 500 ETF by 25.1% in the 3rd quarter. Wellington Management Group LLP now owns 91,239 shares of the company’s stock valued at $35,830,000 after acquiring an additional 18,314 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

Shares of VOO stock traded up $5.76 during trading on Friday, reaching $469.98. The company had a trading volume of 4,586,859 shares, compared to its average volume of 5,467,846. The firm’s 50 day simple moving average is $470.58 and its two-hundred day simple moving average is $442.55. Vanguard S&P 500 ETF has a one year low of $370.92 and a one year high of $483.23. The company has a market capitalization of $425.78 billion, a PE ratio of 25.04 and a beta of 1.00.

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.