GC Wealth Management RIA LLC Has $8.50 Million Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

GC Wealth Management RIA LLC boosted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 9.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,779 shares of the company’s stock after buying an additional 1,414 shares during the quarter. Vanguard S&P 500 ETF makes up about 1.5% of GC Wealth Management RIA LLC’s portfolio, making the stock its 11th biggest position. GC Wealth Management RIA LLC’s holdings in Vanguard S&P 500 ETF were worth $8,502,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Proficio Capital Partners LLC grew its stake in Vanguard S&P 500 ETF by 22,099.4% in the fourth quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock valued at $19,422,195,000 after purchasing an additional 35,884,088 shares in the last quarter. Raymond James Financial Inc. bought a new position in Vanguard S&P 500 ETF in the fourth quarter valued at approximately $14,232,829,000. JPMorgan Chase & Co. grew its stake in Vanguard S&P 500 ETF by 13.7% in the third quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock valued at $12,624,419,000 after purchasing an additional 2,879,321 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in Vanguard S&P 500 ETF by 62,488.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock valued at $5,393,342,000 after purchasing an additional 9,993,736 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in Vanguard S&P 500 ETF by 3.3% in the fourth quarter. Jones Financial Companies Lllp now owns 9,387,695 shares of the company’s stock valued at $5,058,184,000 after purchasing an additional 302,888 shares in the last quarter.

Vanguard S&P 500 ETF Stock Down 2.6 %

VOO stock opened at $515.51 on Tuesday. The business has a 50 day moving average price of $547.72 and a two-hundred day moving average price of $539.06. The company has a market cap of $1.37 trillion, a price-to-earnings ratio of 26.67 and a beta of 1.01. Vanguard S&P 500 ETF has a twelve month low of $453.90 and a twelve month high of $563.92.

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.