L.K. Benson & Company P.C. Invests $2.41 Million in Vanguard S&P 500 ETF (NYSEARCA:VOO)

L.K. Benson & Company P.C. acquired a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 4,468 shares of the company’s stock, valued at approximately $2,408,000. Vanguard S&P 500 ETF makes up approximately 1.7% of L.K. Benson & Company P.C.’s investment portfolio, making the stock its 12th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Nova R Wealth Inc. purchased a new stake in Vanguard S&P 500 ETF during the fourth quarter worth approximately $200,000. Gilliland Jeter Wealth Management LLC lifted its stake in Vanguard S&P 500 ETF by 241.9% during the fourth quarter. Gilliland Jeter Wealth Management LLC now owns 424 shares of the company’s stock worth $228,000 after purchasing an additional 300 shares during the last quarter. Joel Adams & Associates Inc. purchased a new stake in Vanguard S&P 500 ETF during the fourth quarter worth approximately $19,507,000. GAMMA Investing LLC lifted its stake in Vanguard S&P 500 ETF by 23.3% during the fourth quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock worth $848,000 after purchasing an additional 297 shares during the last quarter. Finally, IMC Chicago LLC purchased a new stake in Vanguard S&P 500 ETF during the fourth quarter worth approximately $149,758,000.

Vanguard S&P 500 ETF Stock Down 1.1 %

VOO stock opened at $515.91 on Wednesday. The business has a 50 day moving average price of $544.48 and a 200 day moving average price of $539.02. The stock has a market cap of $1.45 trillion, a price-to-earnings ratio of 25.26 and a beta of 1.01. Vanguard S&P 500 ETF has a fifty-two week low of $453.90 and a fifty-two week high of $563.92.

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.