Meridian Wealth Advisors LLC Purchases 387 Shares of Vanguard S&P 500 ETF $VOO

Meridian Wealth Advisors LLC boosted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 13.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,368 shares of the company’s stock after buying an additional 387 shares during the period. Meridian Wealth Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $1,913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Afbi LP acquired a new stake in shares of Vanguard S&P 500 ETF during the first quarter worth $20,494,431,000. Vanguard Group Inc. increased its position in Vanguard S&P 500 ETF by 6.7% during the second quarter. Vanguard Group Inc. now owns 36,763,979 shares of the company’s stock worth $20,883,043,000 after acquiring an additional 2,313,230 shares during the period. JPMorgan Chase & Co. increased its position in Vanguard S&P 500 ETF by 23.9% during the first quarter. JPMorgan Chase & Co. now owns 29,230,561 shares of the company’s stock worth $15,021,878,000 after acquiring an additional 5,647,924 shares during the period. Raymond James Financial Inc. raised its stake in Vanguard S&P 500 ETF by 0.9% in the 1st quarter. Raymond James Financial Inc. now owns 26,653,704 shares of the company’s stock worth $13,697,605,000 after purchasing an additional 238,402 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Vanguard S&P 500 ETF by 2.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,225,319 shares of the company’s stock valued at $6,796,624,000 after purchasing an additional 373,546 shares during the period.

Vanguard S&P 500 ETF Stock Up 1.0%

Shares of NYSEARCA:VOO opened at $605.93 on Friday. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $634.13. The company’s 50 day moving average price is $615.40 and its two-hundred day moving average price is $584.26. The firm has a market cap of $754.03 billion, a PE ratio of 24.97 and a beta of 1.00.

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.