IMG Wealth Management Inc. Purchases Shares of 8,550 Vanguard S&P 500 ETF (NYSEARCA:VOO)

IMG Wealth Management Inc. bought a new stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,550 shares of the company’s stock, valued at approximately $4,607,000. Vanguard S&P 500 ETF comprises about 4.3% of IMG Wealth Management Inc.’s investment portfolio, making the stock its 7th biggest holding.

Several other large investors have also recently added to or reduced their stakes in the business. Your Advocates Ltd. LLP acquired a new position in shares of Vanguard S&P 500 ETF during the 4th quarter valued at $29,000. Asset Management One Co. Ltd. grew its stake in Vanguard S&P 500 ETF by 185.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock valued at $31,000 after purchasing an additional 37 shares in the last quarter. Prospera Private Wealth LLC purchased a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter valued at approximately $46,000. Urban Financial Advisory Corp bought a new stake in shares of Vanguard S&P 500 ETF in the third quarter worth $51,000. Finally, Sherman Asset Management Inc. acquired a new stake in Vanguard S&P 500 ETF in the fourth quarter valued at $52,000.

Vanguard S&P 500 ETF Price Performance

Shares of VOO stock opened at $517.46 on Friday. Vanguard S&P 500 ETF has a 12-month low of $453.90 and a 12-month high of $563.92. The firm has a market capitalization of $1.46 trillion, a price-to-earnings ratio of 25.26 and a beta of 1.01. The business has a 50 day simple moving average of $545.52 and a 200 day simple moving average of $538.79.

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.