MBM Wealth Consultants LLC Increases Position in Vanguard S&P 500 ETF $VOO

MBM Wealth Consultants LLC boosted its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 76,620 shares of the company’s stock after purchasing an additional 1,348 shares during the quarter. Vanguard S&P 500 ETF comprises approximately 11.7% of MBM Wealth Consultants LLC’s holdings, making the stock its 3rd largest holding. MBM Wealth Consultants LLC’s holdings in Vanguard S&P 500 ETF were worth $43,522,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in VOO. Afbi LP bought a new stake in Vanguard S&P 500 ETF in the 1st quarter worth approximately $20,494,431,000. JPMorgan Chase & Co. increased its position in Vanguard S&P 500 ETF by 23.9% in the first quarter. JPMorgan Chase & Co. now owns 29,230,561 shares of the company’s stock worth $15,021,878,000 after purchasing an additional 5,647,924 shares during the last quarter. Kingstone Capital Partners Texas LLC raised its stake in Vanguard S&P 500 ETF by 601,326.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 4,113,756 shares of the company’s stock valued at $2,336,737,000 after purchasing an additional 4,113,072 shares in the last quarter. Vanguard Group Inc. lifted its position in Vanguard S&P 500 ETF by 6.7% during the second quarter. Vanguard Group Inc. now owns 36,763,979 shares of the company’s stock valued at $20,883,043,000 after purchasing an additional 2,313,230 shares during the last quarter. Finally, Laurel Wealth Advisors LLC increased its holdings in shares of Vanguard S&P 500 ETF by 59,094.6% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,313,917 shares of the company’s stock worth $1,314,374,000 after buying an additional 2,310,008 shares during the last quarter.

Vanguard S&P 500 ETF Trading Up 0.6%

Shares of NYSEARCA VOO opened at $628.41 on Monday. The stock has a market capitalization of $782.00 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $634.13. The firm’s 50-day moving average price is $616.86 and its 200-day moving average price is $588.48.

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.