Summit Financial Strategies Inc. Purchases 356 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Summit Financial Strategies Inc. increased its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 12,158 shares of the company’s stock after acquiring an additional 356 shares during the quarter. Vanguard S&P 500 ETF comprises 0.7% of Summit Financial Strategies Inc.’s investment portfolio, making the stock its 19th largest holding. Summit Financial Strategies Inc.’s holdings in Vanguard S&P 500 ETF were worth $6,415,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Summit Investment Advisory Services LLC raised its position in shares of Vanguard S&P 500 ETF by 6.8% in the third quarter. Summit Investment Advisory Services LLC now owns 927 shares of the company’s stock valued at $489,000 after purchasing an additional 59 shares during the period. Nottingham Advisors Inc. grew its stake in Vanguard S&P 500 ETF by 5.1% in the 3rd quarter. Nottingham Advisors Inc. now owns 2,734 shares of the company’s stock valued at $1,443,000 after buying an additional 133 shares in the last quarter. Halbert Hargrove Global Advisors LLC raised its holdings in Vanguard S&P 500 ETF by 160.9% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 1,174 shares of the company’s stock valued at $620,000 after acquiring an additional 724 shares during the period. Ironwood Financial llc lifted its position in shares of Vanguard S&P 500 ETF by 5.1% during the third quarter. Ironwood Financial llc now owns 1,542 shares of the company’s stock worth $814,000 after acquiring an additional 75 shares in the last quarter. Finally, Mezzasalma Advisors LLC bought a new position in shares of Vanguard S&P 500 ETF in the third quarter worth $1,152,000.

Vanguard S&P 500 ETF Trading Up 0.1 %

Shares of NYSEARCA VOO traded up $0.44 during mid-day trading on Thursday, hitting $535.66. The company had a trading volume of 1,238,436 shares, compared to its average volume of 5,286,152. Vanguard S&P 500 ETF has a 1 year low of $375.95 and a 1 year high of $538.76. The company has a market capitalization of $485.29 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The stock’s 50-day moving average price is $516.17 and its 200-day moving average price is $497.92.

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.