OLD Point Trust & Financial Services N A Makes New $1.31 Million Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

OLD Point Trust & Financial Services N A bought a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, Holdings Channel.com reports. The fund bought 2,423 shares of the company’s stock, valued at approximately $1,306,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Your Advocates Ltd. LLP acquired a new position in Vanguard S&P 500 ETF during the fourth quarter worth $29,000. Asset Management One Co. Ltd. increased its stake in shares of Vanguard S&P 500 ETF by 185.0% during the fourth quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock worth $31,000 after purchasing an additional 37 shares in the last quarter. Prospera Private Wealth LLC acquired a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter worth about $46,000. Urban Financial Advisory Corp purchased a new position in Vanguard S&P 500 ETF in the 3rd quarter valued at about $51,000. Finally, Sherman Asset Management Inc. acquired a new stake in Vanguard S&P 500 ETF in the 4th quarter worth about $52,000.

Vanguard S&P 500 ETF Price Performance

Shares of Vanguard S&P 500 ETF stock opened at $521.33 on Thursday. The stock has a market capitalization of $1.47 trillion, a P/E ratio of 25.26 and a beta of 1.01. The business has a 50 day simple moving average of $544.07 and a two-hundred day simple moving average of $538.89. Vanguard S&P 500 ETF has a 12 month low of $453.90 and a 12 month high of $563.92.

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.