Financial Management Professionals Inc. Buys 1,549 Shares of Vanguard S&P 500 ETF $VOO

Financial Management Professionals Inc. increased its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,915 shares of the company’s stock after purchasing an additional 1,549 shares during the period. Vanguard S&P 500 ETF makes up approximately 4.1% of Financial Management Professionals Inc.’s investment portfolio, making the stock its 9th largest holding. Financial Management Professionals Inc.’s holdings in Vanguard S&P 500 ETF were worth $39,251,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VOO. Quaker Wealth Management LLC grew its position in shares of Vanguard S&P 500 ETF by 248.4% during the 2nd quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock worth $26,000 after buying an additional 77 shares during the period. Front Row Advisors LLC boosted its stake in Vanguard S&P 500 ETF by 900.0% during the 2nd quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock worth $28,000 after acquiring an additional 45 shares during the last quarter. Bernard Wealth Management Corp. acquired a new position in Vanguard S&P 500 ETF during the second quarter valued at approximately $30,000. Bay Harbor Wealth Management LLC increased its stake in Vanguard S&P 500 ETF by 800.0% in the second 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. Finally, Harbor Asset Planning Inc. bought a new stake in Vanguard S&P 500 ETF in the second quarter valued at approximately $55,000.

Vanguard S&P 500 ETF Stock Up 0.3%

Shares of NYSEARCA VOO opened at $634.78 on Friday. Vanguard S&P 500 ETF has a twelve month low of $442.80 and a twelve month high of $635.32. The stock has a market cap of $789.93 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The company’s fifty day moving average is $623.12 and its 200-day moving average is $599.19.

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