Modern Wealth Management LLC Has $42.15 Million Stock Holdings in Vanguard S&P 500 ETF $VOO

Modern Wealth Management LLC decreased its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 11.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 68,824 shares of the company’s stock after selling 8,568 shares during the period. Modern Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $42,146,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Sequent Planning LLC raised its stake in Vanguard S&P 500 ETF by 29.4% during the 3rd quarter. Sequent Planning LLC now owns 2,093 shares of the company’s stock worth $1,281,000 after buying an additional 476 shares during the period. Lauterbach Financial Advisors LLC grew its stake in Vanguard S&P 500 ETF by 32.4% in the third quarter. Lauterbach Financial Advisors LLC now owns 698 shares of the company’s stock valued at $428,000 after acquiring an additional 171 shares during the period. Foster Dykema Cabot & Partners LLC increased its holdings in shares of Vanguard S&P 500 ETF by 3.3% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 8,629 shares of the company’s stock worth $5,299,000 after acquiring an additional 273 shares in the last quarter. Trustmark Bank Trust Department increased its holdings in shares of Vanguard S&P 500 ETF by 4.5% in the third quarter. Trustmark Bank Trust Department now owns 2,672 shares of the company’s stock worth $1,636,000 after acquiring an additional 115 shares in the last quarter. Finally, Truepoint Inc. raised its position in shares of Vanguard S&P 500 ETF by 6.3% during the third quarter. Truepoint Inc. now owns 7,074 shares of the company’s stock worth $4,332,000 after purchasing an additional 420 shares during the period.

Vanguard S&P 500 ETF Price Performance

NYSEARCA:VOO opened at $618.43 on Friday. The business’s 50-day simple moving average is $632.54 and its 200-day simple moving average is $620.65. Vanguard S&P 500 ETF has a fifty-two week low of $442.80 and a fifty-two week high of $641.81. The stock has a market capitalization of $827.60 billion, a PE ratio of 24.97 and a beta of 1.00.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.