Pines Wealth Management LLC Makes New $374,000 Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Pines Wealth Management LLC acquired a new stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 700 shares of the company’s stock, valued at approximately $374,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. SeaCrest Wealth Management LLC increased its holdings in Vanguard S&P 500 ETF by 5.3% during the 4th quarter. SeaCrest Wealth Management LLC now owns 13,859 shares of the company’s stock valued at $7,467,000 after purchasing an additional 693 shares during the period. Accurate Wealth Management LLC grew its position in shares of Vanguard S&P 500 ETF by 7.4% in the 4th quarter. Accurate Wealth Management LLC now owns 903 shares of the company’s stock worth $482,000 after buying an additional 62 shares during the last quarter. Sovereign Financial Group Inc. increased its stake in shares of Vanguard S&P 500 ETF by 1.8% during the fourth quarter. Sovereign Financial Group Inc. now owns 7,982 shares of the company’s stock valued at $4,301,000 after buying an additional 144 shares during the period. Safeguard Financial LLC raised its holdings in shares of Vanguard S&P 500 ETF by 45.2% during the fourth quarter. Safeguard Financial LLC now owns 11,389 shares of the company’s stock valued at $6,136,000 after acquiring an additional 3,546 shares in the last quarter. Finally, Fiduciary Financial Group LLC purchased a new stake in Vanguard S&P 500 ETF in the fourth quarter worth $669,000.

Vanguard S&P 500 ETF Stock Up 1.8 %

NYSEARCA:VOO opened at $545.05 on Thursday. Vanguard S&P 500 ETF has a twelve month low of $431.81 and a twelve month high of $559.96. The stock has a market cap of $493.79 billion, a P/E ratio of 25.04 and a beta of 1.00. The firm’s fifty day simple moving average is $547.62 and its 200 day simple moving average is $526.21.

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.