Meridian Wealth Advisors LLC Boosts Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Meridian Wealth Advisors LLC grew its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 249.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 7,375 shares of the company’s stock after buying an additional 5,267 shares during the quarter. Meridian Wealth Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $3,974,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Proficio Capital Partners LLC grew its holdings in shares of Vanguard S&P 500 ETF by 22,099.4% during the fourth quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock worth $19,422,195,000 after purchasing an additional 35,884,088 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter worth about $14,232,829,000. JPMorgan Chase & Co. boosted its stake in shares of Vanguard S&P 500 ETF by 13.7% during the third quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock worth $12,624,419,000 after buying an additional 2,879,321 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard S&P 500 ETF by 62,488.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock worth $5,393,342,000 after buying an additional 9,993,736 shares during the period. Finally, Jones Financial Companies Lllp boosted its stake in shares of Vanguard S&P 500 ETF by 3.3% during the fourth quarter. Jones Financial Companies Lllp now owns 9,387,695 shares of the company’s stock worth $5,058,184,000 after buying an additional 302,888 shares during the period.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO opened at $520.26 on Friday. Vanguard S&P 500 ETF has a fifty-two week low of $453.90 and a fifty-two week high of $563.92. The company has a market capitalization of $1.47 trillion, a price-to-earnings ratio of 25.26 and a beta of 1.01. The firm has a 50-day simple moving average of $543.36 and a 200-day simple moving average of $539.00.

Vanguard S&P 500 ETF 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.