Magnolia Private Wealth LLC Takes $1.37 Million Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Magnolia Private Wealth LLC acquired a new stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 2,536 shares of the company’s stock, valued at approximately $1,366,000. Vanguard S&P 500 ETF comprises 0.8% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 22nd largest holding.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of Vanguard S&P 500 ETF by 13.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock worth $12,624,419,000 after acquiring an additional 2,879,321 shares in the last quarter. Strategic Financial Concepts LLC lifted its holdings in Vanguard S&P 500 ETF by 62,488.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock worth $5,393,342,000 after purchasing an additional 9,993,736 shares during the last quarter. Kedalion Capital Management LLP bought a new stake in Vanguard S&P 500 ETF during the fourth quarter worth approximately $2,424,795,000. Cerity Partners LLC grew its holdings in Vanguard S&P 500 ETF by 0.6% during the third quarter. Cerity Partners LLC now owns 3,474,212 shares of the company’s stock valued at $1,833,375,000 after purchasing an additional 21,745 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Vanguard S&P 500 ETF by 139.9% in the fourth quarter. Bank of New York Mellon Corp now owns 3,402,904 shares of the company’s stock valued at $1,833,519,000 after purchasing an additional 1,984,281 shares during the period.

Vanguard S&P 500 ETF Trading Down 0.5 %

Shares of Vanguard S&P 500 ETF stock opened at $546.41 on Wednesday. Vanguard S&P 500 ETF has a 1-year low of $453.90 and a 1-year high of $563.92. The firm has a fifty day simple moving average of $549.92 and a 200-day simple moving average of $537.32. The stock has a market capitalization of $1.45 trillion, a price-to-earnings ratio of 26.67 and a beta of 1.01.

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.