Momentum Wealth Planning LLC Makes New $888,000 Investment in Vanguard S&P 500 ETF $VOO

Momentum Wealth Planning LLC acquired a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,558 shares of the company’s stock, valued at approximately $888,000. Vanguard S&P 500 ETF comprises approximately 0.8% of Momentum Wealth Planning LLC’s holdings, making the stock its 26th biggest holding.

Several other hedge funds have also recently made changes to their positions in the company. Quaker Wealth Management LLC increased its holdings in shares of Vanguard S&P 500 ETF by 248.4% in the second quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock valued at $26,000 after purchasing an additional 77 shares during the period. Front Row Advisors LLC increased its holdings in Vanguard S&P 500 ETF by 900.0% in the 2nd quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock worth $28,000 after buying an additional 45 shares during the period. Bernard Wealth Management Corp. purchased a new position in Vanguard S&P 500 ETF during the 2nd quarter worth approximately $30,000. Bay Harbor Wealth Management LLC raised its position in Vanguard S&P 500 ETF by 800.0% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock worth $41,000 after buying an additional 64 shares during the last quarter. Finally, Elevate Wealth Advisory Inc. lifted its stake in Vanguard S&P 500 ETF by 83.7% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock valued at $47,000 after acquiring an additional 41 shares during the period.

Vanguard S&P 500 ETF Price Performance

NYSEARCA VOO opened at $626.87 on Monday. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $634.13. The company has a market capitalization of $780.08 billion, a PE ratio of 24.97 and a beta of 1.00. The company has a fifty day moving average of $620.26 and a 200 day moving average of $594.74.

About Vanguard S&P 500 ETF

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.