SpringVest Wealth Management LLC Buys 78 Shares of Vanguard S&P 500 ETF $VOO

SpringVest Wealth Management LLC grew its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 10.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 850 shares of the company’s stock after purchasing an additional 78 shares during the quarter. SpringVest Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $484,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Atala Financial Inc bought a new position in Vanguard S&P 500 ETF in the 1st quarter worth $28,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 1st quarter worth about $29,000. Lord & Richards Wealth Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 1st quarter worth about $40,000. Bay Harbor Wealth Management LLC grew its position in shares of Vanguard S&P 500 ETF by 800.0% in the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock worth $41,000 after buying an additional 64 shares during the period. Finally, Elevate Wealth Advisory Inc. grew its position in shares of Vanguard S&P 500 ETF by 83.7% in the 1st 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 period.

Vanguard S&P 500 ETF Price Performance

NYSEARCA:VOO opened at $618.77 on Thursday. The firm’s 50-day moving average price is $598.07 and its 200-day moving average price is $557.40. The company has a market capitalization of $766.50 billion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $442.80 and a 1-year high of $618.90.

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.