Waterfront Wealth Inc. Has $8.88 Million Holdings in Vanguard S&P 500 ETF $VOO

Waterfront Wealth Inc. raised its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 15.4% during the 1st quarter, HoldingsChannel reports. The fund owned 14,868 shares of the company’s stock after purchasing an additional 1,982 shares during the period. Vanguard S&P 500 ETF accounts for approximately 1.6% of Waterfront Wealth Inc.’s portfolio, making the stock its 11th biggest holding. Waterfront Wealth Inc.’s holdings in Vanguard S&P 500 ETF were worth $8,885,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Leonard Rickey Investment Advisors P.L.L.C. boosted its holdings in shares of Vanguard S&P 500 ETF by 0.5% during the fourth quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 3,326 shares of the company’s stock worth $2,086,000 after purchasing an additional 16 shares during the period. Midwest Heritage Bank FSB increased its stake in Vanguard S&P 500 ETF by 0.7% in the 4th quarter. Midwest Heritage Bank FSB now owns 2,553 shares of the company’s stock valued at $1,601,000 after buying an additional 17 shares during the period. Clear Harbor Asset Management LLC lifted its position in Vanguard S&P 500 ETF by 3.1% in the 4th quarter. Clear Harbor Asset Management LLC now owns 563 shares of the company’s stock worth $353,000 after buying an additional 17 shares in the last quarter. Retirement Planning Group LLC NY lifted its position in Vanguard S&P 500 ETF by 1.1% in the 1st quarter. Retirement Planning Group LLC NY now owns 1,552 shares of the company’s stock worth $928,000 after buying an additional 17 shares in the last quarter. Finally, SevenBridge Financial Group LLC boosted its stake in shares of Vanguard S&P 500 ETF by 4.7% during the 3rd quarter. SevenBridge Financial Group LLC now owns 400 shares of the company’s stock valued at $251,000 after buying an additional 18 shares during the period.

Vanguard S&P 500 ETF Stock Up 0.8%

Vanguard S&P 500 ETF stock opened at $690.69 on Friday. Vanguard S&P 500 ETF has a 12 month low of $568.17 and a 12 month high of $699.15. The stock has a market cap of $984.64 billion, a P/E ratio of 24.97 and a beta of 1.00. The company’s fifty day simple moving average is $682.42 and its 200-day simple moving average is $647.13.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.