Cornerstone Wealth Group LLC Has $19.14 Million Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Cornerstone Wealth Group LLC grew its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,251 shares of the company’s stock after purchasing an additional 68 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 1.6% of Cornerstone Wealth Group LLC’s investment portfolio, making the stock its 9th largest holding. Cornerstone Wealth Group LLC’s holdings in Vanguard S&P 500 ETF were worth $19,144,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of VOO. Proficio Capital Partners LLC raised its holdings in Vanguard S&P 500 ETF by 22,099.4% in the 4th quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock valued at $19,422,195,000 after acquiring an additional 35,884,088 shares during the period. Vanguard Group Inc. increased its stake in shares of Vanguard S&P 500 ETF by 8.4% during the fourth quarter. Vanguard Group Inc. now owns 32,517,360 shares of the company’s stock worth $17,520,679,000 after purchasing an additional 2,516,003 shares during the period. Raymond James Financial Inc. bought a new stake in Vanguard S&P 500 ETF in the 4th quarter valued at $14,232,829,000. Bank of America Corp DE grew its holdings in Vanguard S&P 500 ETF by 2.2% in the 4th quarter. Bank of America Corp DE now owns 23,912,537 shares of the company’s stock valued at $12,884,314,000 after buying an additional 511,022 shares in the last quarter. Finally, California Public Employees Retirement System bought a new position in Vanguard S&P 500 ETF during the 4th quarter worth $9,202,879,000.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $559.44 on Wednesday. The stock has a fifty day moving average of $530.27 and a 200-day moving average of $533.47. The company has a market capitalization of $1.58 trillion, a P/E ratio of 24.97 and a beta of 1.01. Vanguard S&P 500 ETF has a fifty-two week low of $442.80 and a fifty-two week 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.