Montgomery Financial Services LLC Acquires Shares of 3,539 Vanguard S&P 500 ETF $VOO

Montgomery Financial Services LLC bought a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the second quarter, Holdings Channel.com reports. The firm bought 3,539 shares of the company’s stock, valued at approximately $2,431,000. Vanguard S&P 500 ETF comprises 2.1% of Montgomery Financial Services LLC’s investment portfolio, making the stock its 10th largest position.

Other institutional investors have also recently made changes to their positions in the company. Bay Harbor Wealth Management LLC boosted its position in shares of Vanguard S&P 500 ETF by 20.8% during the second quarter. Bay Harbor Wealth Management LLC now owns 87 shares of the company’s stock valued at $60,000 after purchasing an additional 15 shares in the last quarter. Spinnaker Trust raised 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 worth $2,502,000 after purchasing an additional 15 shares in the last quarter. Hibernia Wealth Partners LLC lifted its position 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 during the period. Graves Light Lenhart Wealth Inc. lifted its position 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 during the period. Finally, RHL Group LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 50.0% during the 2nd quarter. RHL Group LLC now owns 48 shares of the company’s stock valued at $33,000 after buying an additional 16 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

NYSEARCA:VOO opened at $708.01 on Friday. The firm’s 50-day moving average price is $696.00 and its 200-day moving average price is $665.50. The company has a market capitalization of $1.01 trillion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $578.46 and a 1-year high of $716.39.

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