Vanguard S&P 500 ETF (NYSEARCA:VOO) is Summit Wealth Group LLC’s Largest Position

Summit Wealth Group LLC raised its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOOFree Report) by 7.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 119,176 shares of the company’s stock after purchasing an additional 7,870 shares during the period. Vanguard S&P 500 ETF accounts for 18.1% of Summit Wealth Group LLC’s investment portfolio, making the stock its largest holding. Summit Wealth Group LLC’s holdings in Vanguard S&P 500 ETF were worth $62,886,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Marquette Asset Management LLC purchased a new position in Vanguard S&P 500 ETF in the 3rd quarter worth approximately $36,000. Abich Financial Wealth Management LLC purchased a new stake in Vanguard S&P 500 ETF during the 2nd quarter valued at approximately $50,000. Kennebec Savings Bank bought a new stake in shares of Vanguard S&P 500 ETF during the third quarter valued at approximately $51,000. Mendota Financial Group LLC purchased a new position in shares of Vanguard S&P 500 ETF in the third quarter worth $53,000. Finally, Kings Path Partners LLC purchased a new position in shares of Vanguard S&P 500 ETF in the third quarter worth $55,000.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $540.73 on Tuesday. The stock has a market capitalization of $489.88 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The company has a fifty day moving average of $530.03 and a 200 day moving average of $509.39. Vanguard S&P 500 ETF has a fifty-two week low of $413.98 and a fifty-two week high of $551.73.

About Vanguard S&P 500 ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard S&P 500 ETF (NYSEARCA:VOO)

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