Brown Wealth Management LLC Boosts Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Brown Wealth Management LLC grew its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 25.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 723 shares of the company’s stock after purchasing an additional 147 shares during the quarter. Brown Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $390,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Nova R Wealth Inc. bought a new stake in Vanguard S&P 500 ETF in the fourth quarter worth about $200,000. LM Advisors LLC increased its stake in shares of Vanguard S&P 500 ETF by 5.6% during the 4th quarter. LM Advisors LLC now owns 77,219 shares of the company’s stock worth $41,605,000 after purchasing an additional 4,073 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter worth approximately $14,232,829,000. Gilliland Jeter Wealth Management LLC lifted its stake in Vanguard S&P 500 ETF by 241.9% in the fourth quarter. Gilliland Jeter Wealth Management LLC now owns 424 shares of the company’s stock valued at $228,000 after purchasing an additional 300 shares during the last quarter. Finally, Joel Adams & Associates Inc. purchased a new position in Vanguard S&P 500 ETF in the fourth quarter valued at approximately $19,507,000.

Vanguard S&P 500 ETF Price Performance

NYSEARCA:VOO opened at $520.71 on Friday. The company has a market capitalization of $1.47 trillion, a P/E ratio of 23.46 and a beta of 1.01. The business has a fifty day simple moving average of $507.71 and a two-hundred day simple moving average of $533.71. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $563.92.

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.