Absolute Capital Management LLC Purchases 1,039 Shares of Vanguard S&P 500 ETF $VOO

Absolute Capital Management LLC lifted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 33.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 4,162 shares of the company’s stock after acquiring an additional 1,039 shares during the period. Vanguard S&P 500 ETF comprises about 1.2% of Absolute Capital Management LLC’s investment portfolio, making the stock its 23rd biggest holding. Absolute Capital Management LLC’s holdings in Vanguard S&P 500 ETF were worth $2,364,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VOO. Quaker Wealth Management LLC increased its holdings in shares of Vanguard S&P 500 ETF by 248.4% in the 2nd quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock worth $26,000 after purchasing an additional 77 shares in the last quarter. Bernard Wealth Management Corp. bought a new position in shares of Vanguard S&P 500 ETF during the second quarter valued at $30,000. Bay Harbor Wealth Management LLC boosted its position in shares of Vanguard S&P 500 ETF by 800.0% during the second quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock valued at $41,000 after buying an additional 64 shares during the last quarter. Elevate Wealth Advisory Inc. boosted its position in shares of 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 valued at $47,000 after buying an additional 41 shares during the last quarter. Finally, Stone House Investment Management LLC bought a new stake in Vanguard S&P 500 ETF in the 1st quarter worth about $52,000.

Vanguard S&P 500 ETF Stock Performance

Shares of NYSEARCA:VOO opened at $609.20 on Thursday. The firm has a market cap of $758.09 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The business has a 50-day simple moving average of $615.47 and a two-hundred day simple moving average of $583.53. Vanguard S&P 500 ETF has a fifty-two week low of $442.80 and a fifty-two week high of $634.13.

About Vanguard S&P 500 ETF

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.