Cornerstone Financial Group LLC NE Purchases Shares of 3,223 Vanguard S&P 500 ETF (NYSEARCA:VOO)

Cornerstone Financial Group LLC NE acquired a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,223 shares of the company’s stock, valued at approximately $1,737,000. Vanguard S&P 500 ETF accounts for 1.7% of Cornerstone Financial Group LLC NE’s investment portfolio, making the stock its 17th biggest holding.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Your Advocates Ltd. LLP purchased a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter worth about $29,000. Asset Management One Co. Ltd. boosted its holdings in Vanguard S&P 500 ETF by 185.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock worth $31,000 after acquiring an additional 37 shares during the period. Delos Wealth Advisors LLC grew its position in Vanguard S&P 500 ETF by 166.7% in the fourth quarter. Delos Wealth Advisors LLC now owns 80 shares of the company’s stock valued at $43,000 after acquiring an additional 50 shares in the last quarter. Sherman Asset Management Inc. purchased a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at approximately $52,000. Finally, Sugar Maple Asset Management LLC acquired a new position in shares of Vanguard S&P 500 ETF during the fourth quarter worth $53,000.

Vanguard S&P 500 ETF Trading Down 0.9 %

VOO opened at $513.58 on Wednesday. Vanguard S&P 500 ETF has a twelve month low of $442.80 and a twelve month high of $563.92. The firm has a market cap of $1.45 trillion, a price-to-earnings ratio of 23.46 and a beta of 1.01. The company has a fifty day simple moving average of $506.64 and a 200 day simple moving average of $533.42.

Vanguard S&P 500 ETF Company 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.