Sheets Smith Wealth Management Buys 3,201 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Sheets Smith Wealth Management lifted its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 5.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 66,939 shares of the company’s stock after acquiring an additional 3,201 shares during the period. Vanguard S&P 500 ETF accounts for about 4.3% of Sheets Smith Wealth Management’s portfolio, making the stock its largest position. Sheets Smith Wealth Management’s holdings in Vanguard S&P 500 ETF were worth $34,401,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Ironwood Wealth Management LLC. increased its stake in Vanguard S&P 500 ETF by 8.2% during the 4th quarter. Ironwood Wealth Management LLC. now owns 1,669 shares of the company’s stock valued at $899,000 after purchasing an additional 127 shares in the last quarter. LaFleur & Godfrey LLC bought a new stake in Vanguard S&P 500 ETF during the 4th quarter valued at $232,000. Brighton Jones LLC increased its stake in Vanguard S&P 500 ETF by 6.5% during the 4th quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock valued at $18,602,000 after purchasing an additional 2,112 shares in the last quarter. MONECO Advisors LLC increased its stake in Vanguard S&P 500 ETF by 55.9% during the 4th quarter. MONECO Advisors LLC now owns 2,555 shares of the company’s stock valued at $1,377,000 after purchasing an additional 916 shares in the last quarter. Finally, Black Diamond Financial LLC increased its stake in Vanguard S&P 500 ETF by 27.2% during the 4th quarter. Black Diamond Financial LLC now owns 8,273 shares of the company’s stock valued at $4,458,000 after purchasing an additional 1,770 shares in the last quarter.

Vanguard S&P 500 ETF Trading Up 1.0%

Shares of VOO stock opened at $553.36 on Tuesday. The firm has a market capitalization of $1.56 trillion, a PE ratio of 25.72 and a beta of 1.01. The firm has a fifty day simple moving average of $528.96 and a two-hundred day simple moving average of $533.29. Vanguard S&P 500 ETF has a 12 month low of $442.80 and a 12 month high of $563.92.

Vanguard S&P 500 ETF 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.