Summit Wealth & Retirement Planning Inc. Acquires Shares of 815 Vanguard S&P 500 ETF (NYSEARCA:VOO)

Summit Wealth & Retirement Planning Inc. purchased a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 815 shares of the company’s stock, valued at approximately $439,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Investment Advisory Services Inc. TX ADV increased its holdings in shares of Vanguard S&P 500 ETF by 6.3% in the 4th quarter. Investment Advisory Services Inc. TX ADV now owns 3,338 shares of the company’s stock worth $1,799,000 after purchasing an additional 198 shares in the last quarter. O Brien Wealth Partners LLC bought a new position in Vanguard S&P 500 ETF during the 4th quarter valued at about $346,000. Moloney Securities Asset Management LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 33.3% during the 4th quarter. Moloney Securities Asset Management LLC now owns 3,462 shares of the company’s stock valued at $1,865,000 after acquiring an additional 865 shares during the last quarter. Hobart Private Capital LLC grew its stake in shares of Vanguard S&P 500 ETF by 33.4% in the fourth quarter. Hobart Private Capital LLC now owns 615 shares of the company’s stock worth $331,000 after acquiring an additional 154 shares during the period. Finally, Advisory Resource Group lifted its position in Vanguard S&P 500 ETF by 3.5% during the fourth quarter. Advisory Resource Group now owns 1,189 shares of the company’s stock valued at $641,000 after purchasing an additional 40 shares during the period.

Vanguard S&P 500 ETF Trading Down 1.0 %

Shares of VOO stock opened at $552.20 on Friday. The stock has a market capitalization of $500.27 billion, a P/E ratio of 25.04 and a beta of 1.00. The firm’s 50 day moving average is $549.81 and its 200 day moving average is $531.38. Vanguard S&P 500 ETF has a 12-month low of $450.99 and a 12-month high of $561.66.

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.