Retirement Wealth Solutions LLC Buys Shares of 44,868 Vanguard S&P 500 ETF (NYSEARCA:VOO)

Retirement Wealth Solutions LLC purchased a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 44,868 shares of the company’s stock, valued at approximately $23,955,000. Vanguard S&P 500 ETF accounts for about 20.3% of Retirement Wealth Solutions LLC’s portfolio, making the stock its largest position.

Several other large investors have also made changes to their positions in the company. Graves Light Lenhart Wealth Inc. increased its stake in shares of Vanguard S&P 500 ETF by 1.0% in the fourth quarter. Graves Light Lenhart Wealth Inc. now owns 1,948 shares of the company’s stock valued at $1,050,000 after buying an additional 19 shares during the period. City Center Advisors LLC grew its holdings in Vanguard S&P 500 ETF by 3.1% during the 3rd quarter. City Center Advisors LLC now owns 667 shares of the company’s stock worth $352,000 after acquiring an additional 20 shares during the last quarter. Castleview Partners LLC raised its stake in shares of Vanguard S&P 500 ETF by 1.6% during the third quarter. Castleview Partners LLC now owns 1,286 shares of the company’s stock valued at $678,000 after acquiring an additional 20 shares during the last quarter. Merkkuri Wealth Advisors LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 3.4% during the third quarter. Merkkuri Wealth Advisors LLC now owns 601 shares of the company’s stock worth $317,000 after purchasing an additional 20 shares during the period. Finally, L. Roy Papp & Associates LLP grew its stake in shares of Vanguard S&P 500 ETF by 4.5% in the third quarter. L. Roy Papp & Associates LLP now owns 461 shares of the company’s stock worth $243,000 after purchasing an additional 20 shares during the last quarter.

Vanguard S&P 500 ETF Stock Up 1.0 %

Shares of NYSEARCA:VOO opened at $549.46 on Friday. The firm has a market cap of $497.79 billion, a P/E ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 12-month low of $434.16 and a 12-month high of $559.96. The business has a fifty day simple moving average of $547.59 and a 200 day simple moving average of $526.47.

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.