Partners Wealth Management LLC Acquires New Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Partners Wealth Management LLC acquired a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,538 shares of the company’s stock, valued at approximately $1,368,000. Vanguard S&P 500 ETF makes up about 1.6% of Partners Wealth Management LLC’s investment portfolio, making the stock its 17th largest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VOO. Your Advocates Ltd. LLP bought a new stake in Vanguard S&P 500 ETF in the fourth quarter worth approximately $29,000. Asset Management One Co. Ltd. grew its position in Vanguard S&P 500 ETF by 185.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock worth $31,000 after acquiring an additional 37 shares in the last quarter. Prospera Private Wealth LLC bought a new stake in Vanguard S&P 500 ETF in the third quarter worth approximately $46,000. Kennebec Savings Bank bought a new stake in Vanguard S&P 500 ETF in the third quarter worth approximately $51,000. Finally, Urban Financial Advisory Corp bought a new stake in Vanguard S&P 500 ETF in the third quarter worth approximately $51,000.

Vanguard S&P 500 ETF Stock Down 1.7 %

VOO stock opened at $551.75 on Monday. The company has a market capitalization of $499.86 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 12 month low of $453.90 and a 12 month high of $563.92. The firm has a 50 day moving average of $550.28 and a two-hundred day moving average of $536.49.

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.