Brookstone Capital Management Increases Stock Holdings in Vanguard S&P 500 ETF $VOO

Brookstone Capital Management lifted its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 18.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 118,900 shares of the company’s stock after buying an additional 18,139 shares during the quarter. Vanguard S&P 500 ETF accounts for approximately 0.9% of Brookstone Capital Management’s holdings, making the stock its 19th largest holding. Brookstone Capital Management’s holdings in Vanguard S&P 500 ETF were worth $67,539,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Atala Financial Inc acquired a new stake in Vanguard S&P 500 ETF during the 1st quarter valued at approximately $28,000. Redmont Wealth Advisors LLC acquired a new stake in Vanguard S&P 500 ETF during the 1st quarter valued at approximately $29,000. Bernard Wealth Management Corp. acquired a new stake in Vanguard S&P 500 ETF during the 2nd quarter valued at approximately $30,000. Lord & Richards Wealth Management LLC acquired a new stake in Vanguard S&P 500 ETF during the 1st quarter valued at approximately $40,000. Finally, Bay Harbor Wealth Management LLC grew its stake in Vanguard S&P 500 ETF by 800.0% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock valued at $41,000 after purchasing an additional 64 shares in the last quarter.

Vanguard S&P 500 ETF Trading Down 0.0%

Shares of VOO opened at $617.09 on Wednesday. The firm has a market cap of $767.91 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The stock has a 50 day moving average of $603.39 and a 200-day moving average of $563.88. Vanguard S&P 500 ETF has a 52 week low of $442.80 and a 52 week high of $619.60.

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.