Vanguard S&P 500 ETF (NYSEARCA:VOO) is Adams Wealth Management’s 10th Largest Position

Adams Wealth Management raised its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 21,744 shares of the company’s stock after purchasing an additional 1,461 shares during the quarter. Vanguard S&P 500 ETF comprises about 2.2% of Adams Wealth Management’s investment portfolio, making the stock its 10th biggest position. Adams Wealth Management’s holdings in Vanguard S&P 500 ETF were worth $11,716,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Proficio Capital Partners LLC lifted its stake in Vanguard S&P 500 ETF by 22,099.4% during the 4th quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock worth $19,422,195,000 after acquiring an additional 35,884,088 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Vanguard S&P 500 ETF by 8.4% in the fourth quarter. Vanguard Group Inc. now owns 32,517,360 shares of the company’s stock valued at $17,520,679,000 after purchasing an additional 2,516,003 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard S&P 500 ETF during the 4th quarter worth approximately $14,232,829,000. JPMorgan Chase & Co. grew its stake in shares of Vanguard S&P 500 ETF by 13.7% in the third quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock worth $12,624,419,000 after acquiring an additional 2,879,321 shares in the last quarter. Finally, California Public Employees Retirement System purchased a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter worth $9,202,879,000.

Vanguard S&P 500 ETF Price Performance

VOO opened at $483.90 on Friday. The business has a fifty day moving average price of $520.25 and a 200 day moving average price of $535.82. Vanguard S&P 500 ETF has a 12 month low of $442.80 and a 12 month high of $563.92. The stock has a market capitalization of $1.36 trillion, a price-to-earnings ratio of 24.79 and a beta of 1.01.

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.