Affinity Wealth Management LLC Makes New Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Affinity Wealth Management LLC purchased a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 464 shares of the company’s stock, valued at approximately $250,000.

A number of other hedge funds have also recently modified their holdings of the company. Marquette Asset Management LLC acquired a new position in Vanguard S&P 500 ETF in the 3rd quarter valued at about $36,000. Prospera Private Wealth LLC purchased a new position in Vanguard S&P 500 ETF in the third quarter worth approximately $46,000. Kennebec Savings Bank acquired a new stake in Vanguard S&P 500 ETF during the third quarter worth $51,000. Urban Financial Advisory Corp purchased a new stake in Vanguard S&P 500 ETF in the third quarter valued at $51,000. Finally, Mendota Financial Group LLC acquired a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at $53,000.

Vanguard S&P 500 ETF Trading Down 0.3 %

Shares of NYSEARCA:VOO opened at $559.01 on Friday. The company has a market capitalization of $506.44 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 12-month low of $443.75 and a 12-month high of $561.66. The business has a 50-day moving average price of $548.56 and a 200 day moving average price of $528.49.

About Vanguard S&P 500 ETF

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.