Palacios Wealth Management LLC Invests $585,000 in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Palacios Wealth Management LLC bought a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, HoldingsChannel.com reports. The firm bought 1,075 shares of the company’s stock, valued at approximately $585,000.

Several other institutional investors have also recently made changes to their positions in the company. Root Financial Partners LLC grew its position in Vanguard S&P 500 ETF by 17.4% during the fourth quarter. Root Financial Partners LLC now owns 8,278 shares of the company’s stock valued at $4,460,000 after buying an additional 1,227 shares during the period. DHJJ Financial Advisors Ltd. grew its position in Vanguard S&P 500 ETF by 8.5% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 2,173 shares of the company’s stock valued at $1,171,000 after buying an additional 170 shares during the period. Catalyst Financial Partners LLC grew its position in Vanguard S&P 500 ETF by 147.8% during the fourth quarter. Catalyst Financial Partners LLC now owns 996 shares of the company’s stock valued at $537,000 after buying an additional 594 shares during the period. MidAtlantic Capital Management Inc. grew its position in Vanguard S&P 500 ETF by 2.5% during the fourth quarter. MidAtlantic Capital Management Inc. now owns 1,006 shares of the company’s stock valued at $542,000 after buying an additional 25 shares during the period. Finally, Attessa Capital LLC bought a new position in Vanguard S&P 500 ETF during the fourth quarter valued at about $3,080,000.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $560.67 on Friday. The firm has a market cap of $507.94 billion, a P/E ratio of 25.04 and a beta of 1.00. The firm has a 50-day moving average of $549.79 and a 200 day moving average of $532.76. Vanguard S&P 500 ETF has a fifty-two week low of $453.60 and a fifty-two week high of $561.66.

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.