Vanguard S&P 500 ETF (NYSEARCA:VOO) Stock Position Boosted by Brass Tax Wealth Management Inc.

Brass Tax Wealth Management Inc. grew its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 9.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,242 shares of the company’s stock after acquiring an additional 5,189 shares during the quarter. Vanguard S&P 500 ETF comprises 12.4% of Brass Tax Wealth Management Inc.’s holdings, making the stock its largest position. Brass Tax Wealth Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $32,316,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Marquette Asset Management LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the third quarter valued at approximately $36,000. Prospera Private Wealth LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the third quarter valued at approximately $46,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the second quarter valued at approximately $50,000. Kennebec Savings Bank acquired a new stake in shares of Vanguard S&P 500 ETF in the third quarter valued at approximately $51,000. Finally, Urban Financial Advisory Corp acquired a new stake in shares of Vanguard S&P 500 ETF in the third quarter valued at approximately $51,000.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA:VOO traded down $0.83 during midday trading on Friday, hitting $554.82. The company had a trading volume of 1,220,105 shares, compared to its average volume of 5,180,177. Vanguard S&P 500 ETF has a twelve month low of $428.64 and a twelve month high of $559.96. The stock has a market cap of $502.64 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The business’s 50-day simple moving average is $541.54 and its 200-day simple moving average is $517.87.

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.