Benchmark Wealth Management LLC Has $25.66 Million Stock Position in Vanguard S&P 500 ETF $VOO

Benchmark Wealth Management LLC lifted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 12.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 45,171 shares of the company’s stock after acquiring an additional 5,048 shares during the period. Vanguard S&P 500 ETF makes up about 11.4% of Benchmark Wealth Management LLC’s investment portfolio, making the stock its 3rd largest position. Benchmark Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $25,659,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VOO. Atala Financial Inc bought a new position in shares of Vanguard S&P 500 ETF in the first quarter valued at $28,000. Redmont Wealth Advisors LLC bought a new position in shares of Vanguard S&P 500 ETF in the first quarter valued at $29,000. Lord & Richards Wealth Management LLC bought a new position in shares of Vanguard S&P 500 ETF in the first quarter valued at $40,000. Elevate Wealth Advisory Inc. boosted its position in Vanguard S&P 500 ETF by 83.7% during the first quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock worth $47,000 after purchasing an additional 41 shares during the period. Finally, von Borstel & Associates Inc. bought a new position in Vanguard S&P 500 ETF during the first quarter worth $50,000.

Vanguard S&P 500 ETF Price Performance

VOO stock opened at $614.57 on Thursday. The company has a fifty day moving average price of $594.86 and a two-hundred day moving average price of $554.07. Vanguard S&P 500 ETF has a one year low of $442.80 and a one year high of $615.39. The stock has a market cap of $738.42 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

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.