Gainline Financial Partners LLC Takes $1.10 Million Position in Vanguard S&P 500 ETF $VOO

Gainline Financial Partners LLC bought a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,607 shares of the company’s stock, valued at approximately $1,104,000. Vanguard S&P 500 ETF comprises approximately 1.0% of Gainline Financial Partners LLC’s portfolio, making the stock its 17th biggest holding.

Several other institutional investors have also modified their holdings of VOO. Bay Harbor Wealth Management LLC increased its holdings in Vanguard S&P 500 ETF by 20.8% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 87 shares of the company’s stock worth $60,000 after purchasing an additional 15 shares during the last quarter. Spinnaker Trust increased its holdings in Vanguard S&P 500 ETF by 0.4% in the second quarter. Spinnaker Trust now owns 3,643 shares of the company’s stock valued at $2,502,000 after buying an additional 15 shares during the last quarter. Hibernia Wealth Partners LLC raised its stake in Vanguard S&P 500 ETF by 2.6% during the first quarter. Hibernia Wealth Partners LLC now owns 626 shares of the company’s stock valued at $374,000 after buying an additional 16 shares in the last quarter. Graves Light Lenhart Wealth Inc. raised its stake in Vanguard S&P 500 ETF by 0.9% during the second quarter. Graves Light Lenhart Wealth Inc. now owns 1,712 shares of the company’s stock valued at $1,176,000 after buying an additional 16 shares in the last quarter. Finally, RHL Group LLC lifted its holdings in Vanguard S&P 500 ETF by 50.0% during the 2nd quarter. RHL Group LLC now owns 48 shares of the company’s stock worth $33,000 after buying an additional 16 shares during the last quarter.

Vanguard S&P 500 ETF Trading Down 0.4%

Shares of VOO opened at $708.01 on Friday. The firm has a market cap of $1.01 trillion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The stock has a 50 day moving average of $696.00 and a 200-day moving average of $665.50. Vanguard S&P 500 ETF has a 52 week low of $578.46 and a 52 week high of $716.39.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.