Verus Wealth Management LLC Boosts Stock Holdings in Vanguard S&P 500 ETF $VOO

Verus Wealth Management LLC boosted its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,477 shares of the company’s stock after purchasing an additional 93 shares during the quarter. Vanguard S&P 500 ETF comprises 11.1% of Verus Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Verus Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $11,064,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Atala Financial Inc purchased a new stake in shares of Vanguard S&P 500 ETF in the first quarter worth $28,000. Redmont Wealth Advisors LLC purchased a new stake in Vanguard S&P 500 ETF during the 1st quarter valued at about $29,000. Lord & Richards Wealth Management LLC purchased a new stake in Vanguard S&P 500 ETF during the 1st quarter valued at about $40,000. Bay Harbor Wealth Management LLC increased its stake 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 in the last quarter. Finally, Elevate Wealth Advisory Inc. raised its holdings in Vanguard S&P 500 ETF by 83.7% in the first quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock worth $47,000 after buying an additional 41 shares during the last quarter.

Vanguard S&P 500 ETF Stock Up 0.0%

NYSEARCA:VOO opened at $615.30 on Monday. The company’s 50 day moving average price is $596.09 and its 200-day moving average price is $555.89. Vanguard S&P 500 ETF has a 52 week low of $442.80 and a 52 week high of $618.42. The stock has a market cap of $762.20 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF 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.