PMG Wealth Management Inc. Purchases Shares of 432 Vanguard S&P 500 ETF (NYSEARCA:VOO)

PMG Wealth Management Inc. acquired a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 432 shares of the company’s stock, valued at approximately $233,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Graves Light Lenhart Wealth Inc. increased its holdings in Vanguard S&P 500 ETF by 1.0% in the fourth quarter. Graves Light Lenhart Wealth Inc. now owns 1,948 shares of the company’s stock worth $1,050,000 after purchasing an additional 19 shares in the last quarter. Retirement Financial Solutions LLC increased its stake in shares of Vanguard S&P 500 ETF by 0.6% in the 4th quarter. Retirement Financial Solutions LLC now owns 3,316 shares of the company’s stock valued at $1,787,000 after acquiring an additional 19 shares in the last quarter. Merkkuri Wealth Advisors LLC increased its stake in shares of Vanguard S&P 500 ETF by 3.4% in the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $317,000 after acquiring an additional 20 shares in the last quarter. L. Roy Papp & Associates LLP lifted its position in shares of Vanguard S&P 500 ETF by 4.5% during the 3rd quarter. L. Roy Papp & Associates LLP now owns 461 shares of the company’s stock valued at $243,000 after acquiring an additional 20 shares during the period. Finally, Catalyst Private Wealth LLC boosted its stake in Vanguard S&P 500 ETF by 1.4% during the third quarter. Catalyst Private Wealth LLC now owns 1,494 shares of the company’s stock worth $788,000 after acquiring an additional 20 shares in the last quarter.

Vanguard S&P 500 ETF Trading Down 1.7 %

NYSEARCA:VOO opened at $551.75 on Friday. Vanguard S&P 500 ETF has a 12 month low of $453.90 and a 12 month high of $563.92. The stock has a market capitalization of $499.86 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The firm has a fifty day simple moving average of $550.28 and a two-hundred day simple moving average of $535.68.

Vanguard S&P 500 ETF Company 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.