LMG Wealth Partners LLC Invests $825,000 in Vanguard S&P 500 ETF $VOO

LMG Wealth Partners LLC bought a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,453 shares of the company’s stock, valued at approximately $825,000.

Several other hedge funds also recently made changes to their positions in VOO. Atala Financial Inc acquired a new position in shares of Vanguard S&P 500 ETF in the 1st quarter worth approximately $28,000. Redmont Wealth Advisors LLC acquired a new position in Vanguard S&P 500 ETF during the 1st quarter valued at approximately $29,000. Bernard Wealth Management Corp. acquired a new position in Vanguard S&P 500 ETF during the 2nd quarter valued at approximately $30,000. Lord & Richards Wealth Management LLC acquired a new position in Vanguard S&P 500 ETF during the 1st quarter valued at approximately $40,000. Finally, Bay Harbor Wealth Management LLC boosted its position in Vanguard S&P 500 ETF by 800.0% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock valued at $41,000 after purchasing an additional 64 shares during the period.

Vanguard S&P 500 ETF Price Performance

NYSEARCA:VOO opened at $610.76 on Monday. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $619.60. The firm has a market capitalization of $760.04 billion, a P/E ratio of 24.97 and a beta of 1.00. The business has a 50 day simple moving average of $602.21 and a 200 day simple moving average of $562.45.

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.