Maxele Advisors LLC Makes New $4.68 Million Investment in Vanguard S&P 500 ETF $VOO

Maxele Advisors LLC bought a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,648 shares of the company’s stock, valued at approximately $4,683,000. Vanguard S&P 500 ETF comprises 4.0% of Maxele Advisors LLC’s portfolio, making the stock its 3rd biggest holding.

Other hedge funds also recently made changes to their positions in the company. Front Row Advisors LLC raised its holdings 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 purchasing an additional 45 shares during the last quarter. Clear Investment Research LLC bought a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at $28,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the third quarter worth $29,000. Corundum Trust Company INC acquired a new stake in shares of Vanguard S&P 500 ETF during the third quarter worth $37,000. Finally, Cedar Mountain Advisors LLC bought a new position in Vanguard S&P 500 ETF during the third quarter worth $45,000.

Vanguard S&P 500 ETF Stock Up 1.0%

VOO stock opened at $615.19 on Tuesday. The firm has a market cap of $823.26 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $641.81. The company’s fifty day simple moving average is $631.06 and its 200 day simple moving average is $622.19.

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