Vanguard S&P 500 ETF $VOO Shares Acquired by Palumbo Wealth Management LLC

Palumbo Wealth Management LLC boosted its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 51.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 881 shares of the company’s stock after buying an additional 301 shares during the quarter. Palumbo Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $500,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in Vanguard S&P 500 ETF by 6.5% during the fourth quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock worth $18,602,000 after purchasing an additional 2,112 shares during the period. Bison Wealth LLC increased its holdings in shares of Vanguard S&P 500 ETF by 6.1% during the 4th quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock worth $2,581,000 after buying an additional 277 shares during the last quarter. Toronto Dominion Bank raised its position in shares of Vanguard S&P 500 ETF by 0.8% in the 4th quarter. Toronto Dominion Bank now owns 31,846 shares of the company’s stock worth $17,144,000 after buying an additional 258 shares during the period. Park Square Financial Group LLC purchased a new position in shares of Vanguard S&P 500 ETF in the 4th quarter worth $99,000. Finally, Wood Tarver Financial Group LLC acquired a new position in Vanguard S&P 500 ETF in the fourth quarter valued at $86,000.

Vanguard S&P 500 ETF Trading Down 0.3%

VOO stock opened at $609.50 on Thursday. The company has a market cap of $732.33 billion, a PE ratio of 24.97 and a beta of 1.00. The stock has a 50-day moving average price of $591.64 and a two-hundred day moving average price of $550.70. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $615.26.

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.